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Fed Rate Decision Looms as US CPI and Rising Oil Prices Collide

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • Wall Street awaits key CPI and PPI data to gauge the Fed's upcoming interest rate decision.
  • Cooling core CPI could support holding rates steady, though sticky wholesale prices, tariffs, and rising crude oil toward $100 per barrel fuel hawkish dissent among policymakers.
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