Asian Stocks Wobble As US Inflation Fails To Ease Trade Worries

International Business Times

International Business Times

Summary

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Economists also did not expect last month's benign readings to be mirrored in one of the key inflation measures tracked by the U.S. central bank for its 2 percent target, though much would depend on producer price data for February that is due to be released on Thursday.
The Korea Times
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U.S. wholesale inflation decelerated last month, suggesting that price pressures are easing for now.
The Independent
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While easing inflation is a relief for policymakers, the latest reading is just the lowest since late-2024, signaling a longer road ahead to bringing price increases back to officials' 2-percent target.
The Manila Times
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Economists polled by Reuters had forecast the PPI rising 0.3% after a previously reported 0.4% increase in January.
Reuters

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