Asian stocks fell broadly on Friday as U.S.-China tensions and concerns about rising inflation in China overshadowed investor optimism over the global economic recovery.During a debate on the global economy Thursday, Federal Reserve Chair Jerome Powell assured markets that the U.S. central bank would continue supporting the world's largest economy without stoking inflation.Chinese shares fell as t...
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.