Asian stocks rose broadly on Wednesday amid expectations the U.S. Federal Reserve will ease the pace of rate increases, citing slowing wage and inflation growth.The upside, however, remained capped by a slew of disappointing U.S. earnings reports released after market close on Tuesday as well as data showing hotter-than-expected inflation in Australia.Trading volumes were thin, as markets in Taiwa...
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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.