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The European Central Bank's reduction, the fifth consecutive cut since last summer, came a day after the U.S. Federal Reserve held interest rates.
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Treasury yields slip as investors digest Fed's latest interest rate decision CNBCFed hits pause on interest rate cuts amid Trump's flurry of economic plans CNNTranscript: The Fed ignores Trump's calls to cut rates Financial TimesFederal Reserve Pauses Interest Rate Cuts—First Meeting Without A Cut Since July Forbes
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Asia stocks gain, dollar steady as traders consider Fed rate pause ReutersJapan and Aussie stocks break ranks with Wall Street to rise; most Asia markets closed for holiday CNBCStock market today: Wall Street slips after the Fed opts to keep interest rates steady Yahoo FinanceAsia-Pacific markets rise in thin-holiday trade as investors digest Fed rate pause Seeking Alpha
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