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Asian shares mostly higher ahead of Fed rate hike decision

FILE - A street sign is seen in front of the New York Stock Exchange in New York, Tuesday, June 14, 2022. AP Photo/Seth Wenig, File)

A currency trader adjusts his face mask in front the screens showing the foreign exchange rates at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, Dec. 14, 2022. Stocks rose Wednesday in Asia after a rally on Wall Street spurred by news that inflation in the U.S. cooled more than expected last month. (AP Photo/Ahn Young-joon)

A currency trader works near screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between the U.S. dollar and South Korean won at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, Dec. 14, 2022. Stocks rose Wednesday in Asia after a rally on Wall Street spurred by news that inflation in the U.S. cooled more than expected last month. (AP Photo/Ahn Young-joon)

A currency trader passes by the screens showing the foreign exchange rates at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, Dec. 14, 2022. Stocks rose Wednesday in Asia after a rally on Wall Street spurred by news that inflation in the U.S. cooled more than expected last month. (AP Photo/Ahn Young-joon)

FILE - A street sign is seen in front of the New York Stock Exchange in New York, Tuesday, June 14, 2022. AP Photo/Seth Wenig, File)

FILE - A street sign is seen in front of the New York Stock Exchange in New York, Tuesday, June 14, 2022. AP Photo/Seth Wenig, File)

FILE - A street sign is seen in front of the New York Stock Exchange in New York, Tuesday, June 14, 2022. AP Photo/Seth Wenig, File)

FILE - A street sign is seen in front of the New York Stock Exchange in New York, Tuesday, June 14, 2022. AP Photo/Seth Wenig, File)

FILE - A street sign is seen in front of the New York Stock Exchange in New York, Tuesday, June 14, 2022. AP Photo/Seth Wenig, File)

FILE - A street sign is seen in front of the New York Stock Exchange in New York, Tuesday, June 14, 2022. AP Photo/Seth Wenig, File)

FILE - A street sign is seen in front of the New York Stock Exchange in New York, Tuesday, June 14, 2022. AP Photo/Seth Wenig, File)

FILE - A street sign is seen in front of the New York Stock Exchange in New York, Tuesday, June 14, 2022. AP Photo/Seth Wenig, File)

FILE - A street sign is seen in front of the New York Stock Exchange in New York, Tuesday, June 14, 2022. AP Photo/Seth Wenig, File)

FILE - A street sign is seen in front of the New York Stock Exchange in New York, Tuesday, June 14, 2022. AP Photo/Seth Wenig, File)

FILE - A street sign is seen in front of the New York Stock Exchange in New York, Tuesday, June 14, 2022. AP Photo/Seth Wenig, File)

A person walks past an electronic stock board showing Japan's Nikkei 225 index, at a securities firm Tuesday, Dec. 13, 2022, in Tokyo. Asian shares are mostly higher as the Federal Reserve and other central banks prepare for the year’s final barrage of interest rate hikes. (AP Photo/Shuji Kajiyama)

A person walks past an electronic stock board showing Japan's Nikkei 225 index, top left, at a securities firm Tuesday, Dec. 13, 2022, in Tokyo. Asian shares are mostly higher as the Federal Reserve and other central banks prepare for the year’s final barrage of interest rate hikes. (AP Photo/Shuji Kajiyama)

People walk past an electronic stock board showing Japan's stock prices, at a securities firm Tuesday, Dec. 13, 2022, in Tokyo. Asian shares are mostly higher as the Federal Reserve and other central banks prepare for the year’s final barrage of interest rate hikes. (AP Photo/Shuji Kajiyama)

A person looks at a smartphone in front of an electronic stock board showing Japan's Nikkei 225 index, at a securities firm Tuesday, Dec. 13, 2022, in Tokyo. Asian shares are mostly higher as the Federal Reserve and other central banks prepare for the year’s final barrage of interest rate hikes. (AP Photo/Shuji Kajiyama)

Asian shares mostly higher ahead of Fed rate hike decision