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Asian stocks are mixed after Wall Street slips following Feds rate hike decision

HONG KONG (AP) — Asian shares were mixed on Thursday after Wall Street closed lower following the Federal Reserve’s interest rate hike decision for the first time in three years. U. S. futures were higher. The quarter of a percentage point increase brings the Fed’s key rate to a target range of 3. 75%-4. 00%, as it attempts to control U. S. inflation that’s been stubbornly above its target. Japan’s Nikkei 225 index was 0. 2% higher at 64,067. 53. South Korea’s Kospi gained 0. 9% to...

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