Inflation data continues to be a major headache for the Fed

Next 24 hours: Inflation data continues to be a major headache for the Fed

If last week’s strong US NFP print didn’t seal the deal on a 75 basis point rate hike from the Fed this month, today’s inflation data definitely did. CPI data came in well above forecast, continuing to show signs of no let up.

Global FX Insights Next 24 hours   LMAX Exchange  

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