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International Business Times

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HISTORICAL FACTS: Soft us inflation boosts asia markets - The Untold Story

Donald Trump Inflation United States Asia Jerome Too Late Powell Japan

Pedestrians walk past an electronic quotation board displaying the Nikkei Stock Average on Wednesday (Credit: AFP)

Japan's Nikkei hit a second record high in as many days Wednesday, as hopes of US interest rate cuts following soft inflation data cheered equity investors across Asia.

The S&P 500 and Nasdaq finished at fresh highs Tuesday after US data showed a tamer-than-feared impact on prices from President Donald Trump's tariff blitz.

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