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Asian Stocks Surge as Fed Rate-Hike Fears Suddenly Fade — But One U.S. Jobs Number Could Flip the Rally
Asian shares pushed higher on September 4 after Federal Reserve Governor Christopher Waller opened the door to keeping U.S. interest rates unchanged at the central bank's September meeting if incoming inflation data confirms that price pressures are easing. The remarks immediately changed the mood across global markets. MSCI's broadest index of Asia-Pacific shares outside Japan climbed about 1% during Asian trading. Japan's Nikkei gained around 0.8%, China's blue-chip CSI 300 advanced roughly
