Soft US Inflation Boosts Asia Markets

Japan’s Nikkei hit a second record high in as many days Wednesday, as hopes of US interest rate cuts following soft inflation data cheered equity investors across Asia.

The S&P 500 and Nasdaq finished at fresh highs Tuesday after US data showed a tamer-than-feared impact on prices from President Donald Trump’s tariff blitz.

That boosted hopes among some investors that the US Federal Reserve…