TOKYO — An unwelcome blast of US inflation is blowing across Asia’s markets. September’s hotter-than-expected price data revived concerns that the Federal Reserve will keep rates higher for longer, threatening fresh pressure on currencies, capital flows and economic growth across the region.

Last month’s 3.7% year-on-year increase in consumer prices didn’t just exceed forecasts. It ensured the Fed is on an even bigger collision course with both the bond market and US President Donald Trump’s White House. It’s arguably the last thing both Trump and US Federal Reserve Chairman Kevin Warsh wanted to see less than three weeks ahead of the mid-term elections.

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On a recent episode of the Bulwark podcast, journalist Ron Brownstein described the election as a contest between “the wave versus the wall.” The wave being voter anger and President Donald Trump’s plummeting popularity. The wall being structural impediments to voters’ voices, such as gerrymanders and the Republican Party’s stark spending advantage. Now we know […]

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The Ukrainian government on Tuesday night said that its access to the SpaceX-owned Starlink satellite internet service was throttled, prompting critics to question the wisdom of depending on any company owned by far-right billionaire Elon Musk. According to a Wednesday report in The New York Times, Ukrainian officials suspect that orders to restrict their access […]

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With a month still to go before America’s mid-term congressional and gubernatorial elections, the prospect of a “blue wave” of Democratic success in the House of Representatives, the Senate and in many governorships is looking increasingly likely. But whether that forecast holds true or not, one important aspect has already become clear. It is that […]

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“Keep our city out of your reckless war talk,” said San Diego’s mayor, Todd Gloria, Monday night after President Donald Trump’s rambling speech at a rally in Nebraska included a particularly violent mention of the California city. Gloria was among several Democratic political leaders who were incensed after Trump – moments after predicted the Republican […]

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