HONG KONG -- Investors are positioning for a potential rate cut by the U.S. Federal Reserve next week, eyeing market opportunities from Japan to the Philippines. Experts say China's market, however, is less likely to benefit from a U.S. policy change as its slower-than-expected economy weighs on sentiment.
After Fed Chair Jerome Powell's remarks in late August at the Jackson Hole symposium, where he signaled policy adjustments including rate cuts, market players including Goldman Sachs, Morgan Stanley and BNP Paribas expect the first move could come as soon as the central bank's Sept. 17 to Sept. 18 meeting. Most expect a cut of between 25 and 50 basis points.
.jpg?width=178&fit=cover&gravity=faces&dpr=2&quality=medium&source=nar-cms&format=auto&height=100)
