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The Independent UK
The Independent UK
National
Via AP news wire

Asian stocks follow Wall St down after Fed inflation report

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

Asian stock markets followed Wall Street lower Thursday after the Federal Reserve said U.S. inflation is too high, suggesting support for more aggressive interest rate hikes.

Shanghai, Tokyo, Hong Kong and Sydney declined. Oil prices edged higher.

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