Inflation is cooling... but the federal reserve may not be in a rush to cut interest rates in upcoming months. Here's what Federal Chairman Powell said regarding the issue in Dallas:

Economists expect the Fed to announce another quarter-point rate cut in December, after a quarter-point reduction last week and half-point cut in September.

A look at the day ahead in Asian markets. An uptick in U.S. consumer price inflation last month that was in line with forecasts propped up Wall Street indexes on Wednesday, and lifted the dollar close to levels against the yen that had been concerning to the Bank of Japan.