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After the CPI was released, the US stock index futures narrowed their losses, and spot gold saw a short-term increase.

BlockBeats News, June 10th, according to Bitget market data, after the CPI was announced, the US stock index futures narrowed their losses, with the Nasdaq futures currently down 0.9%, previously falling by over 1.5%.


Spot gold rose by about $20 in the short term, trading at $4166.85 per ounce.

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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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