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Asian stocks mixed after Wall Street rallies as 'time has come' for rate cuts

ABC News
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Asian stocks mixed after Wall Street rallies as 'time has come' for rate cuts.

Fed Chair Jerome Powell said the time had come to lower the main interest rate from a two-decade high.

Japan 's benchmark Nikkei 225 slipped 1.1% in morning trading to 37,944.68 due to the stronger currency.