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The Independent UK
The Independent UK
National
Via AP news wire

Asian stocks fall ahead of US inflation

Inflation Asia United States US Federal Reserve
Copyright 2022 The Associated Press. All rights reserved

Asian stocks followed Wall Street lower Wednesday ahead of U.S. inflation data that traders worry will show upward pressure on prices still is too strong for the Federal Reserve to ease off interest rate hikes.

Shanghai, Tokyo, Hong Kong and Seoul declined. Oil prices edged lower.

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