Asian Stocks Rise as US Inflation Sparks Rate Cut Hopes
TL;DR Summary
Stocks reached record highs following an in-line US inflation report that increased expectations for a September rate cut by the Federal Reserve, amid mixed signals on inflation and the labor market, with global markets also performing well and some trade tensions in Asia.
- Asian Stocks to Gain as US CPI Fuels Fed Cut Bets: Markets Wrap Bloomberg.com
- Stock market today: S&P 500 closes above 6,400 for first time as rate cut bets jump after CPI inflation report Yahoo Finance
- Stock Market News From Aug. 12, 2025: S&P 500, Nasdaq Hit Closing Highs Barron's
- S&P 500, Nasdaq at record highs as moderate inflation lifts rate hopes Reuters
- S&P 500, Nasdaq both notch record close as inflation report gives Fed green light to cut rates CNBC
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