Nigeria TV Info 

Global Markets Surge on US Rate Hopes

Global stock markets rallied on Thursday as growing optimism spread that the US Federal Reserve could soon cut interest rates to stimulate economic growth. Investors cheered recent data showing signs of easing inflationary pressures in the world’s largest economy, sparking hopes that the central bank may shift towards a more accommodative monetary stance.

Asian markets led the gains, with Japan’s Nikkei and Hong Kong’s Hang Seng posting strong advances. European bourses opened higher, while Wall Street futures pointed to further momentum following overnight rallies.

Analysts say the positive sentiment reflects investor expectations that lower borrowing costs would ease pressure on businesses and households, while also supporting global demand. However, some economists warn that uncertainty remains, as the Fed may wait for more consistent economic data before making policy changes.

The dollar weakened slightly against major currencies, while oil prices steadied amid renewed appetite for risk assets.

With global markets watching closely, attention is now on upcoming US economic indicators and Fed officials’ statements, which could provide clearer signals on the timing of potential rate cuts.