Asian stocks fell sharply on Friday following a fourth straight session of losses on Wall Street. Inflation and interest rate worries weighed on markets after Brent crude prices jumped to their highest level since May on escalating Middle East tensions.
A measure of U.S. producer price inflation came in stronger than expected, pushing the probability of a Federal Reserve rate hike next week to 72 percent.
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Asian Shares Retreat On Inflation Fears
2026-09-11 08:39:41
