Stocks Cautious Ahead of US Inflation Data That Could Sway Fed Rate Moves
• Asian stocks mixed ahead of critical US inflation data that could impact Fed interest rate decision • Investors lowering expectations for Fed rate cuts this year; some considering no cuts before 2025 • Crucial consumer price index report out this week could move markets if higher than expected • ECB policy meeting expected to keep rates unchanged, but outlook for cuts improving • US earnings season kicks off with banks, results eyed for impact of inflation and rates