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Now at 9.1%, Inflation Just Keeps Going Up

The Breakdown

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Is the Fed Really Going to Raise Rates?

The key thing was exactly what was previewed by the bitin administration earlier this week, and that's that we've likely some sort of piqu inflation because of how much of this particular print is driven by gasoline. The futures market is now assigning a forty four % probability of a 100 basis point rate hike at the next f o m c meeting. And i think three hikes are definitely in the cards.

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