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The Independent UK
The Independent UK
National
Elaine Kurtenbach

Asian shares track Wall St gains on cooler inflation data

Inflation Asia
Copyright 2022 The Associated Press. All rights reserved.

Stocks were mostly higher Wednesday in Asia after a rally on Wall Street spurred by news that inflation in the U.S. cooled more than expected last month.

The 7.1% consumer price index reading for November raised hopes Tuesday for easing pressure on the economy ahead of an interest rate policy update from the U.S. Federal Reserve.

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