US President Trump said regarding affordability 'we've solved it' and will talk about inflation in the State of the Union next week
Trump's assertion of having "solved" affordability issues suggests potential shifts in economic policy and priorities, which could influence market sentiment ahead of his State of the Union address.
New Zealand provides a Russia sanctions update which includes a designation of 23 individuals, 13 entities, and 100 vessels, while it lowered the oil price cap on Russian oil from USD 47.60/bbl to USD 44.10/bbl
PRE-MARKET AUSTRALIAN STOCKS NEWS: Earnings from Inghams, Perseus Mining, QBE, Qube, Rio Tinto & St Barbara
US President Trump said regarding affordability 'we've solved it' and will talk about inflation in the State of the Union next week
Fed's Daly (2027 voter) says policy is in a good place and labour market is in a better position after 75bps of cuts, adds inflation continues to decline outside goods sector
Newsquawk Daily Asia-Pac Opening News - 20th February 2026
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Traders will be keen to hear specifics on inflation, as any aggressive stance could affect rates, the USD, and potentially lead to volatility across equities and commodities markets. Overall, this statement positions the administration's narrative on economic management into focus, likely influencing upcoming discussions on fiscal and monetary policies.
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