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New CPI data resets December Fed interest rate cut
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New CPI data resets December Fed interest rate cut

1 min read

Economists say softer CPI data gives the Federal Reserve breathing room as labor markets weaken.

Inflation is not as hot at the moment. Hence, your wallet and your portfolio could be getting an extra special year-end bonus. New softer-than-expected inflation data boosted expectations that the Federal Reserve will cut interest rates multiple time... [3603 chars]

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Source: TheStreet

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