Asian markets fluctuate ahead of expected US rate cut | International

HONG KONG, Sept 15, 2025 (BSS/AFP) - Asian markets were mixed Monday as traders geared up for an expected interest rate cut by the Federal Reserve this week. Equities have enjoyed a strong run-up over recent weeks as a string of data on jobs and inflation provided the US central bank with enough leeway to resume its rate reductions. Wednesday's policy decision follows figures showing the labour market continuing to soften, while prices have not spiked as much as feared in the wake of US President Donald Trump's tariff war. The keenly awaited meeting is expected to see the Fed lower borrowing costs 25 basis points, though some observers predict it could go to 50 points. Trump said Sunday that...