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via thestockmarketwatch.comEconomy

Asian markets reel as Fed rate hike bets surge; Alphabet eyes debt debut

FROM THE WIRE · THESTOCKMARKETWATCH.COM

Global debt markets were upended Wednesday after U.S. core inflation rose 0.3% in October, surpassing economist forecasts and triggering hawkish rhetoric from

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MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishCore US inflation above forecasts fuels Fed rate hike bets, weighing on global debt and equity markets.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01US core inflation rose 0.3% in October, surpassing economist forecasts.
  2. 02The data triggered hawkish rhetoric from the Fed.
  3. 03Global debt markets were upended on Wednesday.
  4. 04Alphabet is reportedly eyeing a debt debut.

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