Most markets rise as US inflation boosts Fed slowdown hopes
Published
Hong Kong (AFP) Jan 13, 2023
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 and focus on a recovery i