Good news in US inflation report boosts chances Fed won’t hike rates

Reported by The Guardian World · 2 hours ago · Guardian staff and agencies

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Traders see an about 35% chance of an October rate hike, down from about 45% following White House pressureGood economic news boosted Wall Street’s main indexes on Wednesday, as a softer-than-anticipated inflation reading buoyed hopes that the Federal Reserve might not hike rates as soon ⁠as next…

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