Asian shares join global rally on softer-than-expected U.S. inflation

Asian shares join global rally on softer-than-expected U.S. inflation

Asian shares tracked Wall Street higher on Thursday after a softer-than-expected U.S. inflation report encouraged bets of less aggressive rate hikes from the Federal Reserve, while the dollar remained bruised after its biggest plunge in five months. U.S. consumer prices were unchanged in July compared with June, when they rose a monthly 1.3%. The July … Read more