Thursday, January 12, 2023

Most markets rise as US inflation boosts Fed slowdown hopes

Asian markets mostly rose again Friday and the dollar remained under pressure after data showing another slowdown in US inflation fuelled bets the Federal Reserve will take a softer approach to its monetary tightening campaign. The reading added to the positive energy flowing through trading floors at the start of the year as investors put a painful 2022 behind them.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Q35TuCf

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