Asian stocks fluctuated as investors await U.S. inflation data and a crucial presidential debate between Kamala Harris and Donald Trump. The debate could influence fiscal policies and economic plans. Oil prices remained near three-year lows due to weak demand concerns, while the U.S. dollar stayed defensive.
Warsh’s gamble: A quieter Federal Reserve could mean volatile markets, higher rates
New Federal Reserve Chair Kevin Warsh is significantly reducing the central bank’s communication, particularly “forward guidance” on interest rates. This move, aimed at making markets