US Inflation in Line with Estimates but MoM CPI Rises, DXY Ticks Higher
US inflation was largely in line with estimates but the increase in the MoM CPI and Core MoM prints mean the Fed are likely to push back on growing rate cut expectations.
US inflation was largely in line with estimates but the increase in the MoM CPI and Core MoM prints mean the Fed are likely to push back on growing rate cut expectations.
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