Asian stocks rose broadly on Tuesday, the dollar eased, gold ticked higher and Treasury yields held steady as investors awaited cues from key U.S. CPI report later in the day and the Federal Reserve's rate decision on Wednesday.
The U.S. Federal Reserve is widely expected to hold rates, with investors awaiting Chair Jerome Powell's press conference as well as the central bank's dot plot and economic projections for additional clues on the Fed's rate trajectory.
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Market Analysis
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.