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International Business Times
International Business Times
Business

Soft US Inflation Boosts Asia Markets

Donald Trump Inflation United States Asia Jerome Too Late Powell Japan
Pedestrians walk past an electronic quotation board displaying the Nikkei Stock Average on Wednesday (Credit: AFP)

Japan's Nikkei hit a second record high in as many days Wednesday, as hopes of US interest rate cuts following soft inflation data cheered equity investors across Asia.

The S&P 500 and Nasdaq finished at fresh highs Tuesday after US data showed a tamer-than-feared impact on prices from President Donald Trump's tariff blitz.

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