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The Independent UK
The Independent UK
National
Via AP news wire

Asian stocks follow Wall St lower amid inflation pressure

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

Asian stock markets followed Wall Street lower on Friday after higher-than-expected U.S. inflation dashed hopes the Federal Reserve might ease away from more interest rate hikes.

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

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