Core Inflation Jumps to 40-Year High, Sending Fed Rate-Hike Bets Soaring

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Core Inflation Jumps to 40-Year High, Sending Fed Rate-Hike Bets Soaring

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ImageHotter-than-expected inflation data, including the so-called "core" measure of inflation surging to a fresh 40-year high, have sparked a sharp upwards revision to investor expectations for how high the Fed will hike rates as it struggles to quell price pressures.

Source: https://www.theepochtimes.com/core-infl ... 93771.html
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