India, Nov. 11 -- Asian stocks ended mostly higher on Wednesday, even as hotter-than-expected U.S. inflation data bolstered the case for further Federal Reserve interest rate hikes over the coming months.
Money markets are now pricing in a 25 basis point rate hike at the Fed's upcoming policy meeting next month, with some chance of an even larger move.
Some analysts expect the Fed to raise its benchmark interest rate by 0.25 percentage points each in December, January and March.
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