Asia-Pacific markets open higher as U.S. inflation report fuels Fed rate cut expectations

By CNBC | Nov 13, 2024 at 07:28 PM EST

Asia-Pacific markets open with mixed results following U.S. October CPI data, hinting at potential Fed rate cuts in December. CPI and Core CPI met expectations, with annual inflation at 2.6% and core inflation at 3.3%. Upcoming focus on Australia's employment data.

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