Asian Markets Rise as Dovish Fed Signals Slower Pace of Rate Hikes
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Asian markets seen starting higher following dovish Fed remarks and drop in Treasury yields.
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Fed officials signaled cautious approach to future rate hikes given recent bond market moves.
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U.S. dollar declined slightly as traders priced in potentially less aggressive Fed.
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Labor market improvements suggest Fed may not need to hike rates as much as thought.
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Markets could soon flip to sustained bond buying if U.S. data turns weaker in Q4.