Asia Mixed on China Data, U.S. Fed Word
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Asia-Pacific markets showed mixed performance as investors analyzed China's inflation data and anticipated the U.S. Federal Reserve's interest rate decision. China's consumer prices rose 0.7% year-on-year, while factory-gate prices fell 2.2%. The Fed is expected to cut its interest rate by 0.25 percentage points. Key indices in Japan, Hong Kong, Korea, Singapore, Taiwan, New Zealand, and Australia experienced varied movements.
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