Asia markets mostly down ahead of regional inflation readings and South Korea growth figures

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Asia markets mostly down ahead of regional inflation readings and South Korea growth figures
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Inflation readings from Australia and Japan are due this week, as well as GDP figures from South Korea

ahead of a week of inflation readings from across the region and South Korea's third-quarter gross domestic product numbers.

Cleveland Federal Reserve President Loretta Mester said Friday she expects that interest rates likely won't be raised much more from here, if at all. The central bank official added that she agrees with Federal Open Market Committee estimate in September that another rate hike could come before the end of 2023, but noted that handicapping such moves is difficult now.on Friday, putting it on pace for a second straight weekly rise as fears of heightening conflict in the Middle East pushed investors towards safe-haven assets.

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