Asia Stock Markets Surge as US Inflation Eases: Bank of Korea Surprises by Keeping Rates Steady
Asia Stock Markets React Positively to US Inflation Data Asia stock markets surged on Thursday, buoyed by a favorable US inflation report. The US Consumer Price Index (CPI) for December showed a 0.4% increase, in line with expectations. However, the core inflation measure tracked by the Federal Reserve came in lower than anticipated, sparking speculation…