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International Business Times
International Business Times
World
AFP News

New Year Gets Off To A Weak Start As Traders Eye Rate Cuts

Traders head into the new year optimistic the Federal Reserve will deliver a series of interest rate cuts that will boost equities (Credit: AFP)

Asian markets slipped Tuesday as most traders returned from the New Year break looking forward to a 2024 that is expected to see a series of Federal Reserve interest rate cuts, but to also be full of economic and political uncertainty.

After a blockbuster run in the past two months, Wall Street stuttered last week, though analysts are hopeful for another surge as US monetary policy eases.

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