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Bangkok Post
Bangkok Post
Business

SET, Asian bourses extend losses on US inflation

United States Inflation US Federal Reserve Interest Rates

The Stock Exchange of Thailand (SET) extended its losses on Wednesday along with other Asian bourses after the US reported sticky inflation, increasing the likelihood the Federal Reserve will keep interest rates elevated.

South Korea's Kospi led losses, falling 1.53% on Wednesday, as Hong Kong's Hang Seng dropped 1.43%.

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