According to Jinshi report, at the opening of the Asian market on Wednesday, the Nikkei 225 index rose by more than 1.5% and hit a new historical high, South Korea's KOSPI index rose by 1.5%, Australia's S&P/ASX200 index rose by more than 2%, and the MSCI Asia Pacific index rose by more than 1%. Overnight, the Federal Reserve maintained its forecast for three interest rate cuts this year.
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Asian stocks rise as Fed maintains forecast of three interest rate cuts this year
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