Event JSON
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"2 firm inflation prints just made the Fed's 2025 rate cut path a lot 'murkier'"
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"The 'core' Consumer Price Index (CPI) and Producer Price Index (PPI) showed prices increased 3.3% and 3.1% respectively in October, above economist expectations. This persistent inflation has led to uncertainty about the Federal Reserve's interest rate cuts in 2025, with some economists predicting a slower pace of easing. The market is pricing in about 80 fewer basis points of easing next year, and bond yields have risen over the past month."
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