Asian Markets Tumble on Unexpected U.S. Inflation Fears

Asian Stocks Take a Hit Amid US Inflation Concerns

In a significant market movement on Wednesday, Asian stocks saw a broad decline, mirroring a downturn in Wall Street after the U.S. Consumer Price Index (CPI) reported a higher-than-expected inflation rate for January. The unexpected U.S. inflation data has reignited fears that interest rates may remain elevated for an extended period, shaking investor confidence across global markets.