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stocksAug 13, 2026, 3:52 AM

Asian Stocks Rise as Soft US CPI Bolsters Fed Rate-Cut Hopes

Asian equities traded stronger after softer US inflation data reinforced expectations for a more accommodative Federal Reserve.

Asian stocks mostly remained stronger, supported by softer US inflation data that strengthened expectations for a more accommodative Federal Reserve policy. US headline CPI rose 3.4% year-over-year in July, down slightly from 3.5% in the previous period.

The risk-positive tone extended an AI-driven earnings rally across regional equity markets.

Source: FXStreet Forex News