World shares held close to record highs on Wednesday thanks to new all-time peaks in Europe and on Wall Street, as investors bet hotter-than-expected U.S. inflation won't stop the Federal Reserve and other central banks from cutting interest rates. Asian shares hit seven-month highs overnight as a number of tech sectors made gains, but Europe went even better early on by squeezing out its fifth record high in six sessions. Volatility in currency markets remained low, however, much to the disappointment of FX dealers and despite the European Central Bank being set to publish its highly anticipated operational framework review later in the day.
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