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International Business Times
International Business Times
World
AFP News

Asia Tracks Wall St Rally Ahead Of Run Of Data, Fed Decision

The Federal Reserve is expected to hold interest rates at this week's gathering but traders will be poring over the post-meeting statement for an idea about their plans for 2024 (Credit: AFP)

Stocks tracked Wall Street higher and the dollar retreated Tuesday as traders awaited a bumper round of market-moving events, starting with the release of US inflation data later today.

The consumer price index reading comes a day before the US Federal Reserve's final policy meeting of the year, which will be closely followed by investors hoping for an idea about decision-makers' plans for interest rates.

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