Asian Stocks Rise on US CPI Data, Fed Rate Cut Hopes; Gold, Silver Dip

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Moneycontrol•16-02-2026, 07:20
Asian Stocks Rise on US CPI Data, Fed Rate Cut Hopes; Gold, Silver Dip
- •Asian stocks saw modest gains after US inflation data supported the outlook for Federal Reserve interest rate cuts this year.
- •Japan's GDP showed growth in Q4 2025, reversing a previous contraction, while Australian shares also edged higher.
- •Spot gold and silver dipped in early trading, while the dollar remained steady and Bitcoin traded around $68,700.
- •US CPI rose 0.2% in January, the smallest gain since July, easing pressure on markets and increasing hopes for earlier Fed rate cuts.
- •Fed Bank of Chicago President Austan Goolsbee stated that the US is currently 'stuck at 3%' inflation, not on track for the 2% target.
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