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Markets mostly rise as traders try to look past expected rate hikes
Markets mostly rise as traders try to look past expected rate hikes
Business and Economy
by  AFP

Most stock markets rose Friday, reversing early losses and a sell-off on Wall Street, as traders contemplate further interest rate hikes by central banks struggling to tame inflation. In a sign that the spectre of inflation will linger for some time, central banks in Sweden, Norway and Switzerland all warned they would likely have to hike again at some point owing to sticky inflation.