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US Inflation Tops Forecasts in Blow to Fed Rate-Cut Hopes
Bloomberg Businessweek
Rising US Consumer Prices and Delayed Rate Cuts
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This chapter explores the unexpected increase in US consumer prices, particularly in services categories, which has stalled recent disinflation progress and may delay any Fed interest rate cuts. The speakers discuss the factors contributing to the upward pressure on inflation and the impact on various categories, suggesting that a rate cut in March is unlikely.
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