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Australia stocks set for higher start as investors look ahead to Fed rate decision

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The U.S. Federal Reserve is expected to raise interest rates on Wednesday for the second time since 2018.

SINGAPORE — Shares in Australia looked set for a higher start on Wednesday, with investors looking ahead to the U.S. Federal Reserve's interest rate decision expected later stateside. Futures pointed to a higher open for Australian stocks.

The SPI futures contract was at 7,328, against the
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