Bullet points of Global Stocks Extend Rally, BOJ Keeps Rate Steady: Markets Wrap

Bullet points of Global Stocks Extend Rally, BOJ Keeps Rate Steady: Markets Wrap
- Asian stocks rallied as jobs data backed the view that the US economy is headed for a soft landing
- The Bank of Japan left interest rates unchanged, signaling no need to hurry with rate hikes
- The US Federal Reserve cut interest rates, providing room for China to increase monetary and fiscal stimulus
- Wall Street banks are divided on the pace and extent of upcoming Federal Reserve rate cuts