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The unrevised CPI annual rate came in at 8.3 percent in August, versus expectations of 8.1 percent

The unadjusted CPI y/Y in August came in at 8.3%, compared with 8.1% expected and 8.5% last, according to BlockBeats. Us August QO-M CPI came in at 0.10% vs -0.10% expected and 0.00% last. The (golden) ten
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Core CPI at 0.2% month-over-month means the Fed stays put, while 0.3% triggers a rate hike.
The current interest rate hike probability is around 50%, with benign inflation data potentially prompting a wait-and-see approach. However, the hawkish stance still introduces uncertainty into the future policy outlook.
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