Asian stocks slipped into the red on Monday, the dollar hovered near one-month high, and yields edged up as investors awaited the release of U.S. consumer price data on Tuesday that could provide clarity on the Federal Reserve's monetary policy trajectory.Increased diplomatic tensions between the United States and China over issues from Taiwan to trade and technology also weighed on sentiment.A U....
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.