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U.S. Policy Stalls Nikkei

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U.S. Policy Stalls Nikkei

B
Benzinga

1 Views • Aug 26, 2023

Description

Investors in Asian-Pacific markets, such as Japan's Nikkei 225, were cautious this week as they awaited comments from central bankers about U.S. monetary policy at the Jackson Hole meeting. The cautious sentiment was compounded by the Tokyo core inflation rate in August coming in slightly below expectations, and the overall inflation rate dropping compared to the previous month. With so much uncertainty in the air, investors have been holding off on making any investment decisions in the Asian-Pacific markets until they have a better idea of the future.