🇺🇸 US CPI inflation comes in at 3.4%, matching market expectations perfectly.
Since the numbers didn’t surprise anyone, the market reaction is completely neutral—neither bearish nor bullish. We might just see some sideways crab action for the rest of the day.
What are your thoughts? Is the Fed going to push for a 25 bps hike next week, or is this already priced in? Let’s discuss!
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