India, Sept. 16 -- Asian stocks ended flat to slightly higher in cautious trading on Wednesday as oil prices pulled back from recent highs and investors braced for a closely watched Federal Reserve rate decision later in the day.
Markets currently assign a roughly 92 percent probability to a quarter-point rate hike, which would lift the federal-funds target range from 3.75-4.00 percent to 4.00-4.25 percent.
That would mark the Fed's first hike since 2023. It is believed a surprise hold or strong dovish dissent could have a materially negative impact on markets.
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