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The Independent UK
The Independent UK
National
Joe McDonald

Stock market today: Asian shares rise ahead of a US inflation update on hopes for easing rate hikes

Inflation United States Wall Street US Federal Reserve
Copyright 2023 The Associated Press. All rights reserved

Asian stock markets followed Wall Street higher Tuesday ahead of an update on U.S. consumer prices that traders hope will show inflation is easing, reducing the need for more interest rate hikes.

Shanghai, Tokyo, Hong Kong and Sydney advanced. Oil prices rose.

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