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US bond market rallies on softest inflation print since 2020, traders abandon rate hike bets
June CPI fell 0.4% month-over-month, the first decline since 2020, sparking a US bond rally as traders unwind rate hike bets and reprice Fed expectations.
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coindesk.com
U.S. June CPI fell 0.4%, likely cooling move toward Fed rate hikes
This morning's report could go a long way toward determining whether the Federal Reserve raises interest rates at its late-July meeting.
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cryptobriefing.com
US inflation falls to 3.5%, beating expectations and giving crypto markets room to breathe
June 2026 CPI rose 3.5% year-over-year, beating the 3.8% consensus forecast and dropping from May's 4.2% reading, easing pressure on the Fed and boosting
