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Asian Shares End Lower On Fed Rate Hike Expectations

Discussion in 'Fundamental Analysis' started by Angela_Riplay, May 18, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Asian shares were mostly lower on Wednesday as the release of higher than forecast U.S. inflation data raised expectations the Federal Reserve may consider hiking interest rates in June. Data released on Tuesday signaled that CPI inflation in the U.S. climbed to a three-year high of 0.4 percent in April,[​IMG]

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