Asia stocks retreat as US inflation data fuels rate outlook concerns

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Asia stocks retreat as US inflation data fuels rate outlook concerns

Investing.com-- Most Asian stock markets declined on Thursday as investors were cautious about the U.S. interest rate outlook after a stubbornly strong inflation print, while South Korean stocks were muted despite an unexpected rate cut by its central bank.

Chinese equities are expected to face near-term headwinds as lingering tariff uncertainties and limited domestic stimulus dampen market sentiment, UBS analyst said in a note.for a second straight meeting on Thursday in a surprise move, as it warned that economic growth was likely to slow further in the coming year.index was largely unchanged, as gains were capped by a slide in technology stocks, tracking overnight losses in the tech-heavyRecent U.S.

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