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Brace for another interest rate hike, more inflation as fuel increases unleash vicious cycle

Higher fuel prices could push inflation and interest rates higher, adding to debt repayments before consumers even get to the petrol station, supermarket or anything else they need to pay for.

Brace for another interest rate hike, more inflation as fuel increases unleash vicious cycle

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HK stocks retreat amid profit-taking

Oil prices rose on Wednesday and stocks fell amid fresh concerns about Middle East supplies following a warning that Iran appeared to be stepping up attacks in the Strait of Hormuz.

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