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International Business Times
International Business Times
Business
AFP News

EXPLAINED: Asian markets track wall street losses | Rare Historical Photos

US Federal Reserve Inflation United States Stephen Innes Bitcoin
Investors are concerned about US inflation while expectations for the Fed to cut interest rates have shifted to later this year (Credit: AFP)

Asian shares mostly fell on Thursday tracking US losses ahead of the release of crucial inflation data later in the day that will help chart the Fed's rate cut timeline.

Investors are awaiting the release of the US Personal Consumption Expenditures (PCE) price index, the Federal Reserve's most-watched inflation indicator, which is expected to influence the central bank's upcoming policy decisions.

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