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Australian shares set to drop after Wall Street sinks on rate hike and ‘inflation fears’ – ABC News

Australian shares are expected to follow Wall Street lower, with investors betting the US Fed may announce sooner-than-expected…

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Australian shares are expected to follow Wall Street lower, with investors betting the Federal Reserve may announce earlier-than-expected interest rate hikes to contain a sharp rise in inflation.
ASX futures were down 0.1 per cent to 7,362 points by 7:35am…

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