Asian stocks showed mixed movements as traders looked past Wall Street’s rebound ahead of key US inflation data. Tokyo and Sydney saw slight gains, while Seoul experienced a decline. The S&P 500 rose 1.2% after a rough start to September. Focus shifts to upcoming US inflation data, with global economic concerns persisting.
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