
Asian shares were mostly lower Wednesday as investors fretted that the Federal Reserve might raise interest rates faster if pressure stays high on inflation.
Japan's benchmark Nikkei 225 edged up 0.5% to finish at 28,444.19. Australia's S&P/ASX 200 slipped 0.8% to 7,307.80. South Korea's Kospi dropped 1.3% to 2,430.93.