Asian shares slide, US futures and dollar drop after Wall Street's winning week https://www.taxtmi.com/news?id=44022 Moody's downgrade of the United States sovereign credit rating triggered weakening in Asian equities, US futures and the dollar, with Chinese growth data and US-China tariff developments further weighing on sentiment. A 90 day stand-down in tariffs and hopes of tariff reductions have supported equity rallies, while rising consumer inflation expectations may limit monetary-policy easing despite better-than-expected inflation signals. en-us Mon, 19 May 2025 09:46:03 +0530 Mon, 19 May 2025 09:46:03 +0530 TaxTMI RSS Generator Asian shares slide, US futures and dollar drop after Wall Street's winning week https://www.taxtmi.com/news?id=44022 Moody's downgrade of the United States sovereign credit rating triggered weakening in Asian equities, US futures and the dollar, with Chinese growth data and US-China tariff developments further weighing on sentiment. A 90 day stand-down in tariffs and hopes of tariff reductions have supported equity rallies, while rising consumer inflation expectations may limit monetary-policy easing despite better-than-expected inflation signals. News - Mon, 19 May 2025 09:46:03 +0530 https://www.taxtmi.com/news?id=44022