Asian markets mostly down ahead of Fed, US inflation data
After an upbeat run last week driven by signs of an easing in the labour market and economy, Friday's forecast-busting non-farm jobs report provided a dose of reality that interest rates might be kept elevated for some time. Speculation has been swirling about how many, if any, cuts the Fed will introduce this year, with several officials warning that they are reluctant to move too soon for fear of restoking inflation, which remains stubbornly above target. Focus is now on the conclusion Wednesday... Читать дальше...