Asia-Pacific Markets Trade Mixed on Cooled U.S. Inflation Outlook – NBC 6 South Florida
Written by Black Hot Fire Network on January 16, 2023
This is CNBC's live blog covering Asia-Pacific markets.
Markets in the Asia-Pacific were set to trade mixed as expectations of cooled inflation in the U.S. lifted investor sentiment in the region.
On Friday, the University of Michigan consumer sentiment survey showed the one-year inflation outlook fell to 4%, the third straight monthly decrease and the lowest level since April 2021. That followed