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US core inflation surprise driven by supercore services, complicating the Fed's next move
August core CPI rose 0.3% MoM, beating expectations, as supercore services surged 0.5%. Rate-hike odds jumped to 90% ahead of the Fed's September
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cryptobriefing.com
US core CPI expected to cool toward 2.4% in August as goods prices drag inflation lower
Analysts expect US core CPI to fall to 2.3%-2.4% year-over-year in August, down from July's 2.5%, ahead of the September FOMC meeting.
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zerohedge.com
CPI Preview: 0.2% And Fed Holds, 0.3% And They Hike
"Consensus across the floor, given parameters laid out by the Fed Leadership, sees 25bp or above on Core CPI as the threshold above which the Fed acts."
