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Hot Core PCE at 2.7% Pressures Fed, Delays Rate Cut Hopes

https://www.fxempire.com/news/article/hot-core-pce-at-2-7-pressures-fed-delays-rate-cut-hopes-1529491
Core PCE rose to 2.7%, pressuring the Fed’s rate path. Hot inflation data cuts rate-cut hopes, impacting USD, yields, and equity futures…

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