Most markets track Wall St gains as US data fails to damp rate hopes
Published
Hong Kong (AFP) Mar 13, 2024
Asian markets were mixed Wednesday as investors struggled to keep up with Wall Street, though forecast-beating US inflation data did little to dent expectations that the Federal Reserve will begin cutting interest rates this year. While February's consumer price index reading was not ideal - having come in above estimates in January - analysts said it showed price rises were levelling out