Asian stocks ended mixed on Wednesday as investors awaited U.S. consumer inflation data that could provide more clarity on the Federal Reserve's monetary policy plans.Analysts expect a slowdown in consumer price growth to an annual rate of 3.1 percent from 4 percent in May. The core rate is likely to have fallen for a third month to 5 percent from 5.3 percent.The Fed is likely to raise its benchma...
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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.