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Market Impact: 0.65
August Inflation Came in Hot, and the Odds of a September Rate Hike Are Now 85%. But There's a Silver Lining Driving Stocks Higher.
Source: Nasdaq
InflationMonetary PolicyInterest Rates & YieldsEconomic Data
Core inflation came in slightly above expectations in August, prompting markets to price in a Federal Reserve rate hike at its September meeting. The shift toward tighter monetary policy raises interest-rate and valuation headwinds across risk assets.
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