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Asian stocks mixed after Fed confirms rate hike plans

A woman wearing a face mask walks past a bank's electronic board showing the Hong Kong share index in Hong Kong, Thursday, May 26, 2022. Asian stock markets were mixed Thursday after notes from the Federal Reserve's latest meeting confirmed expectations for more interest rate hikes but contained no surprises to rattle investors. (AP Photo/Kin Cheung) A man wearing a face mask walks past a bank's electronic board showing the Hong Kong share index in Hong Kong, Thursday, May 26, 2022. Asian stock markets were mixed Thursday after notes from the Federal Reserve's latest meeting confirmed expectations for more interest rate hikes but contained no surprises to rattle investors. (AP Photo/Kin Cheung) A man wearing a face mask walks past a bank's electronic board showing the Hong Kong share index in Hong Kong, Thursday, May 26, 2022. Asian stock markets were mixed Thursday after notes from the Federal Reserve's latest meeting confirmed expectations for more interest rate hikes but contained no surprises to rattle investors. (AP Photo/Kin Cheung) A woman wearing a face mask walks past a bank's electronic board showing the Hong Kong share index in Hong Kong, Thursday, May 26, 2022. Asian stock markets were mixed Thursday after notes from the Federal Reserve's latest meeting confirmed expectations for more interest rate hikes but contained no surprises to rattle investors. (AP Photo/Kin Cheung) FILE - A U.S. flag waves outside the New York Stock Exchange, Monday, Jan. 24, 2022, in New York. Stocks were moving between small gains and losses in early trading Wednesday, May 25, on Wall Street, keeping most of the major indexes in the green for the week so far. (AP Photo/John Minchillo, File)