Key Points
Trading was muted on Wall Street early Thursday, one day after a report showed that inflation in the US eased and Federal Reserve officials said they expect fewer interest rate hikes this year...
Government data Wednesday showed US inflation declined to 5% in March from the previous month's 6%..
Also Wednesday, notes from the Fed's March 21-22 meeting showed officials agreed the next increase in its benchmark lending rate would be one-quarter percentage point instead of half a point..
In Asia, the Shanghai Composite Index lost 0.3% to 3,318.36 after customs data showed Chinese exports rose 14.8% over a year earlier in March, unexpectedly rebounding from a contraction in January and February...
Traders have been worried the Fed and other central banks in Europe and Asia might tip the global economy into recession as they try to extinguish inflation that is near multi-decade highs...
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