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Market Impact: 0.55
Dollar Wavers as Inflation Aids Fed Hike Bets While Oil Falls
Source: Bloomberg
InflationMonetary PolicyInterest Rates & YieldsCurrency & FXEconomic Data
A key US consumer-price gauge rose more than expected, prompting traders to increase bets that the Federal Reserve will raise interest rates at its meeting next week. The dollar oscillated as markets repriced for a more hawkish Fed path, creating near-term pressure on risk assets and FX markets.
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