Emerging Markets - Most Asian Forex and equities falter as Fed officials flag rate-cut caution

JAKARTA (Reuters): Most emerging Asian currencies and equities retreated on Tuesday as recent comments from US Federal Reserve officials dented hopes on timing of potential interest rate cuts this year ahead of the minutes of the central bank's latest policy meeting.

The Philippine peso declined as much as 0.7% to 58.250 per US dollar, its lowest since November 2022.

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