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Bond Traders Price in Two Fed Hikes This Year After CPI Report
Traders boosted expectations for a Federal Reserve interest-rate hike after hotter-than-expected core US inflation data, with a 90% chance of a move next week and two increases fully priced in by the end of the year.
Business
Bloomberg Verified Source
Reported by Ye Xie and Greg Ritchie · Syndicated via official news feed
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