Asia-Pacific shares poised to rise as BOJ's Kuroda’s final meeting comes into spotlight
, sparking concerns of bigger rate increases following Fed Chairman Jerome Powell's congressional speech.China's consumer price index is expected to have slowed in February to 1.9%, economists surveyed by Reuters show.A lower print would somewhat ease investors' worries that the rise of prices in China from a reopened economy would have a spillover effect to global markets, causing central banks around the world to continue hiking rates further.
said Wednesday that he hasn't made up his mind about what the central bank will do regarding interest rates when it meets later in March. "They're going to be important in our assessment of the higher readings that we very recently have received and the overall direction of the economy and of our progress in bringing inflation down," the Fed leader said.
Powell shook markets Wednesday when he said he anticipates that if the inflation data remain hot, he expects
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