NEWS: Asian markets drop as trades fret over US inflation, rates outlook

Asian markets drop as trades fret over US inflation, rates outlook

Another tepid inflation reading will likely put pressure on Chinese officials to do more to boost consumption.
Photo: STRINGER / AFP
Source: AFP

Asian markets struggled Thursday after a tepid lead from Wall Street, with investors growing increasingly worried about the outlook for inflation and US interest rates as Donald Trump’s second presidency looms.

A report saying the president-elect was considering declaring a national economic emergency to provide legal cover to impose tariffs…

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