"The Fed has performed very well on employment but has long been absent on inf. Latest inf data is moving in the wrong direction. We need to shift to restrictive monetary policy to lower inf. I worry the U.S. economy may develop an inflationary mindset," Hammack said.

Chinese A-share market staged a sharp morning rally—Sci-Tech Innovation 50 rose nearly 5% intraday—but indices pulled back into the close. Shanghai Composite -0.67%; Shenzhen Composite (Shenzhen Composite Index) -1.68%; ChiNext -2.44%; STAR 50 +0.73% at close. Combined Shanghai/Shenzhen turnover exceeded 1.93 tln yuan and more than 4,600 stocks fell. Sector winners were compute-power chips, CPU-concept names, dairy and semiconductors; laggards included physical-AI, precious metals, cinema chains, gaming and liquor. Key movers: Tianpu hit the daily limit; Muxi, Moore Threads and Cambricon rose over 8%; CHINA'S CPU MAKER HAIGUANG, Rendong Holdings and East China Heavy Machinery also rallied. Suiyuan Technology jumped about 13% to a new high as the semiconductor sub-sector broadly advanced.

日本央行審議委員淺田統一郎：黑田東彥的再通脹貨幣政策旨在幫助日本擺脫長期通縮和經濟停滯。