Asian stocks rise as US inflation data dents September Fed hike bets

TOKYO, Aug 13 : Asian stocks rose on Thursday after U.S. inflation data came in as expected, dampening expectations of further near-term Federal Reserve rate hikes, while oil held near $80 a barrel as Washington and Tehran remained deadlocked over efforts to end the Gulf war.MSCI's broadest index of Asia-Pacific shares

Wall Street edged near its record after several AI stocks reported better growth for the spring than analysts expected.

Wall Street edged near its record after several AI stocks reported better growth for the spring than analysts expected, while a report showed inflation across the United States was slightly less bad last month

Wall Street flirts with a record after AI stocks rise and worries about inflation ease a bit  AP News

The latest Consumer Price Index report will either help to reinforce patience or compel officials to more readily consider lifting borrowing costs.