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Global FX Insights

About US CPI fallout, producer prices, and bitcoin

Next 24 hours: US producer prices take spotlight over ECB decision

Today’s report: About US CPI fallout, producer prices, and bitcoin

US rate expectations have seen another wild repricing in the aftermath of this latest hot US CPI print. The market is now looking for just 42 basis points of cuts in 2024, almost another full basis point of a cut since only last Friday.   read report

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Wake-up call

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