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The Independent UK

National

Elaine Kurtenbach

Stock market today: Asian shares mostly higher after US inflation data ease rate hike worries

Inflation United States Asia the Federal Reserve US Federal Reserve

Copyright 2023 The Associated Press. All rights reserved.

Shares were mostly higher in Asia on Thursday after a highly anticipated report showed inflation accelerated across the U.S. in August, but not by much more than expected.

U.S. futures rose and oil prices also were higher.

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