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U.S. inflation announced

U.S. inflation data that will reinforce the Fed's rate hikes has emerged.

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1 min read

The US CPI data that markets had been eagerly awaiting has been released. In the United States, the Consumer Price Index (CPI) rose in September by 0,6% month‑on‑month, in line with expectations, and increased by 3,7% year‑on‑year, above expectations.

With the data released, the Fed's hand for a rate hike has become stronger.

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