View more in
Business

GLOBAL MARKETS-Asia shares alarmed by U.S. inflation scare, count on calm Fed

investing.com
 2021-05-13

Cover picture for the articleSYDNEY, May 13 (Reuters) - Asian shares slipped to seven-week lows on Thursday after a shocking rise in U.S. inflation bludgeoned Wall Street and sent bond yields surging on worries the Federal Reserve might have to move early on tightening. "Higher inflation is a definite negative for equities, given the...

au.investing.com