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Fed Stays Put as Inflation Meets Expectations

Published 2 weeks, 6 days ago
Description

Inflation data aligns with expectations, bolstering predictions of a Fed rate hold. Consumer Price Index up 0.3% in February, core CPI at 2.5% year-over-year. Markets react calmly, with Bitcoin dipping and stock futures edging lower. Fed rate hike in March and April seems likely, with a 99% chance of no change next week. However, recent oil price surge due to Iran conflict may influence future decisions.

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