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

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Markets

13 August 2026 at 9:35 am

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

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Summary

Asian stocks are rising, with MSCI's broadest index of Asia-Pacific shares up 0.97% and South Korean shares jumping 4.4%, as US inflation data dampens expectations for a September Fed rate hike.

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