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Asian stocks follow Wall St down after Fed inflation report

FILE - A screen displays market data at the New York Stock Exchange in New York, on Wednesday, Aug. 10, 2022. Stocks are off to a weak start on Wall Street, drifting between small gains and losses in the first few minutes of trading Thursday, Aug. 18. (AP Photo/Seth Wenig, File) FILE - A screen displays market data at the New York Stock Exchange in New York, on Wednesday, Aug. 10, 2022. Stocks are off to a weak start on Wall Street, drifting between small gains and losses in the first few minutes of trading Thursday, Aug. 18. (AP Photo/Seth Wenig, File) FILE - A screen displays market data at the New York Stock Exchange in New York, on Wednesday, Aug. 10, 2022. Stocks are off to a weak start on Wall Street, drifting between small gains and losses in the first few minutes of trading Thursday, Aug. 18. (AP Photo/Seth Wenig, File) FILE - A screen displays market data at the New York Stock Exchange in New York, on Wednesday, Aug. 10, 2022. Stocks are off to a weak start on Wall Street, drifting between small gains and losses in the first few minutes of trading Thursday, Aug. 18. (AP Photo/Seth Wenig, File) FILE - A screen displays market data at the New York Stock Exchange in New York, on Wednesday, Aug. 10, 2022. Stocks are off to a weak start on Wall Street, drifting between small gains and losses in the first few minutes of trading Thursday, Aug. 18. (AP Photo/Seth Wenig, File) FILE - A screen displays market data at the New York Stock Exchange in New York, on Wednesday, Aug. 10, 2022. Stocks are off to a weak start on Wall Street, drifting between small gains and losses in the first few minutes of trading Thursday, Aug. 18. (AP Photo/Seth Wenig, File) FILE - A screen displays market data at the New York Stock Exchange in New York, on Wednesday, Aug. 10, 2022. Stocks are off to a weak start on Wall Street, drifting between small gains and losses in the first few minutes of trading Thursday, Aug. 18. (AP Photo/Seth Wenig, File) FILE - A screen displays market data at the New York Stock Exchange in New York, on Wednesday, Aug. 10, 2022. Stocks are off to a weak start on Wall Street, drifting between small gains and losses in the first few minutes of trading Thursday, Aug. 18. (AP Photo/Seth Wenig, File) Currency traders work near the screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between the U.S. dollar and South Korean won at a foreign exchange dealing room in Seoul, South Korea, Thursday, Aug. 18, 2022. Asian stock markets followed Wall Street lower Thursday after the Federal Reserve said U.S. inflation is too high, suggesting support for more aggressive interest rate hikes. (AP Photo/Lee Jin-man) A currency trader watches monitors near the screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between the U.S. dollar and South Korean won at a foreign exchange dealing room in Seoul, South Korea, Thursday, Aug. 18, 2022. Asian stock markets followed Wall Street lower Thursday after the Federal Reserve said U.S. inflation is too high, suggesting support for more aggressive interest rate hikes. (AP Photo/Lee Jin-man) A currency trader watches monitors near screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between the U.S. dollar and South Korean won at a foreign exchange dealing room in Seoul, South Korea, Thursday, Aug. 18, 2022. Asian stock markets followed Wall Street lower Thursday after the Federal Reserve said U.S. inflation is too high, suggesting support for more aggressive interest rate hikes. (AP Photo/Lee Jin-man) A currency trader watches monitors near screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between the U.S. dollar and South Korean won at a foreign exchange dealing room in Seoul, South Korea, Thursday, Aug. 18, 2022. Asian stock markets followed Wall Street lower Thursday after the Federal Reserve said U.S. inflation is too high, suggesting support for more aggressive interest rate hikes. (AP Photo/Lee Jin-man)