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🚨 FED RATE HIKE IS ALMOST CONFIRMED NOW
US inflation data was released, and it again came in higher than expectations.
US CPI rose 0.4% MoM, while the Core CPI rose 0.3% MoM.
Last week, the job data already came better than expected, which means the Fed's biggest concern is inflation now.
So, a rate hike is certain, and the only thing the Fed must think now is whether it'll be a 25 bps or a 50 bps hike.
US inflation data was released, and it again came in higher than expectations.
US CPI rose 0.4% MoM, while the Core CPI rose 0.3% MoM.
Last week, the job data already came better than expected, which means the Fed's biggest concern is inflation now.
So, a rate hike is certain, and the only thing the Fed must think now is whether it'll be a 25 bps or a 50 bps hike.
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