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

NEWS: 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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