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The Federal Reserve struck a dovish pose even as it kept interest rates unchanged for a sixth straight meeting.

(Bloomberg) -- Asian stocks advanced, following US equities with modest gains Monday after Jerome Powell said the Federal Reserve would “proceed carefully” on whether to raise interest rates again, while signaling policy will remain tighter for longer.Most Read from BloombergMarkets Ready for Swings After High-Rates Mantra of Jackson HoleTwitchy Traders Have S&P 500 Comebacks Fizzling at Historic PaceTrump Doesn’t Look So Invincible in Post-Debate PollsChina Cuts Stock Trade Tax, Tightens IPOs t

(Bloomberg) -- Shares in Asia headed for a sixth daily decline Friday against the backdrop of worries about China and higher interest rates.Most Read from Bloomberg‘Poor Man’s Cocaine’ Costing $3 a Pill Threatens to ProliferateChina Evergrande Group Files Chapter 15 Bankruptcy in New YorkGoldman Plans Hiring Spree to Fix Lapses After Increased Fed ScrutinyNiger Soldiers Killed in Attacks by Armed Group, Ecowas SaysGlobal Yields Reach 15-Year Highs as Rate-Hike Worries BuildA gauge of the region’

After more than a year of steady declines, inflation is ticking up again. But economists say this is just a temporary blip.

The Consumer Price Index rose 3.2% year over year in July, faster than the 3.0% year over year in June.