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The Independent UK
The Independent UK
National
Elaine Kurtenbach

Stock market today: Asian shares advance after the Federal Reserve raises interest rates

Copyright 2023 The Associated Press. All rights reserved

Asian shares were mostly higher Thursday after the Federal Reserve raised interest rates to their highest level in more than two decades, just as Wall Street expected.

Market attention turned to a decision later in the day by the European Central Bank and to whether Japan’s central bank might alter its longstanding ultra-lax monetary policy at a policy meeting that ends on Friday.

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