Analysts: Asian stock markets experience a big dump, as the market anticipates a faster interest rate cut from the Federal Reserve (FED)

Gate.io News bot message, major Asian stock indices fell sharply on Monday, primarily due to the lack of indication from White House officials of abandoning the comprehensive tariff plan. Market expectations of rising recession risks in the U.S. have increased, with interest rate cuts potentially starting as early as May. The futures market has reflected expectations of nearly five rate cuts this year, each by 25 basis points.

Sean Callow, senior FX analyst at ITC Markets in Sydney, noted: "The only thing that can really ease the situation is President Trump’s statement, but at the moment there is little to see the market sell-off affect him to revisit his long-held policy stance. "Investors had expected that trillions of dollars in lost wealth and its potential impact on the economy could prompt Trump to reassess his plans.