Asian stocks slump, dollar shines as inflation fears flare - NewsBreak
By Tarikul in Business
Updated 2 years ago
TOKYO, Nov 11 (Reuters) - Inflation fears pressured Asian stocks and buoyed the dollar on Thursday after data overnight showed U.S. consumer prices surged at the fastest pace since 1990 last month, boosting the case for faster Federal Reserve policy tightening. Nominal U.S. Treasury yields shot higher, with that on...
