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9/11 Observed by President Trump, Core CPI Tops Forecasts, More
Source: Bloomberg
InflationEconomic DataMonetary PolicyInterest Rates & Yields
US core CPI exceeded forecasts, signaling more persistent underlying inflation pressure. The upside surprise could reinforce a hawkish Federal Reserve policy outlook, lifting Treasury yields and weighing on interest-rate-sensitive assets. The report also notes President Trump’s observance of the September 11 anniversary.
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