Markets wager another rate hike at the next Fed meeting.
lost 0.02%. Data on Tuesday showed China's consumer inflation in March was at its slowest since September 2021.
"Investors are hopeful that Wednesday's inflation data could signal that the Federal Reserve was getting near the end of its rate hike cycle," said Harry Ottley, an economist at Commonwealth Bank of Australia, noting focus continues to shift from banking wobbles in March back to the inflation problem.
Minutes of its March meeting are due to be released later in the day and investors will parse through it for clues on the monetary path of the central bank as well as the impact of the banking stresses in March. Like other central banks, the Fed's hands are tied - a high inflation rate will prevent it from providing monetary stimulus in the coming months, Paolini said in a note.on Tuesday that lurking financial system vulnerabilities could erupt into a new crisis and slam global growth this year as it lowered its 2023 global growth forecasts.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Asian Stock Market: Nikkei 225, ASX 200 cheer risk-on mood despite hawkish Fed betsAsian Stock Market: Nikkei 225, ASX 200 cheer risk-on mood despite hawkish Fed bets – by anilpanchal7 Asia RiskAversion ForeignTrade China Nikkei
Leer más »
Asian markets rise after report shows resilience in U.S. jobsShares were mostly higher in Asia on Monday after a report Friday showed resilience in the U.S. jobs market.
Leer más »
India rupee weaker as Asian foreign exchange on the back foot on Fed rate-hike betsThe Indian rupee weakened against the dollar on Monday, along with most other Asian emerging market currencies after recent U.S. data bolstered bets of another Federal Reserve rate hike.
Leer más »
Asian markets mostly higher after mixed day on Wall StreetStocks were mostly higher in Asia on Tuesday after a mixed session on Wall Street dominated by speculation the Federal Reserve may tap the brakes again on...
Leer más »
Asian markets mostly higher with focus on inflation dataAsian shares were mostly higher Wednesday, as markets watched for key inflation data likely to influence the Federal Reserve's stance on interest rates.
Leer más »
Morning Bid: China focus turns back to the macroA look at the day ahead in Asian markets from Jamie McGeever.
Leer más »