Global stock market: World shares rise ahead of Fed's decision on interest rates

The government reported Wednesday that producer prices rose 2.4% in May, as the yen's weakness against the U.S. dollar raises costs for imports of fuel and manufacturing components. At the same time, the latest data show real wages adjusted for inflation fell in April for the 25th straight month.

Global stock market: World shares rise ahead of
Trading was subdued Tuesday on Wall Street ahead of a key inflation report and the Federal Reserve's policy decision. Image: Pixabay | Representational

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