Jerome Powell, chairman of the U.S. Federal Reserve, at a news conference after a Federal Open Market Committee meeting in Washington, D.C., on Dec. 18, 2024. This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. That poses a conundrum for Asia's central banks: A weaker currency would boost exports but might increase imported inflation, complicating the ability of banks to steer domestic economic policy. China's persistently low consumer inflation indicates that China is struggling with weak domestic demand, stoking fears of deflation.

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Persons: Jerome Powell, Donald Trump's, Australia's, Bernstein, Nvidia's Grace Blackwell Superchip Organizations: U.S . Federal, Washington , D.C, CNBC, Federal, Treasury, Korean, U.S, Trump, National Bureau, Statistics, Microsoft, Wednesday, Business, CES, Nvidia Locations: Washington ,, Asia, Pacific, Asian, China