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Jed Graham: CPI Inflation Rate Is Still Hot, But The Fed May Pause


The consumer price index showed firm price pressures in February, as the annual CPI inflation rate matched expectations of 6% and the core CPI came in hotter than expected. While persistently high inflation might support the case for a rate hike next week, Fed officials may still punt as they try to shore up confidence in the banking sector.

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Posted: March 14, 2023 Tuesday 09:31 AM