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US Futures Wobble as Brent Surges and Fed Rate Hike Odds Jump

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

News Summary

  • US stock futures wobbled as major indexes headed for weekly losses ahead of critical CPI data.
  • Surging Brent crude above $106 per barrel has heightened inflation concerns, driving market expectations of a Federal Reserve rate hike up to 72%.
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