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Hotter US CPI doesn't change the picture [Video]

Thursday’s round of hotter US inflation data hasn’t done much to shake things up, with the US Dollar and US equities relatively stable all things considered. We believe this has a lot to do with the fact that the market had already repriced expectations for a less aggressive 25-basis point rate cut from the Fed at the November meeting, given last week’s US jobs report.

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LMAX Group Research Desk

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