Morning Bid: Ukraine ceasefire hopes soften US inflation blow

Inflatie

A look at the day ahead in Asian markets. Investors banking on the recent decline in U.S. bond yields and the dollar underpinning a rally across risk assets got a stark reminder in the shape of punchy U.S. inflation on Wednesday that interest rates won't be coming down any time soon. In fact, they got a few reminders - Fed Chair Jerome Powell repeated his view that monetary policy must remain restrictive for now, and House Republicans unveiled a fiscal plan that would cut taxes by about $4.5

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Morning Bid: Ukraine ceasefire hopes soften US inflation blow https://www.channelnewsasia.com/ - 13.02.2025 00:19

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Morning Bid: Ukraine ceasefire hopes soften US inflation blow https://www.channelnewsasia.com/ - 13.02.2025 00:19