Market speculations on how the Fed rate cuts will be rolled out this year have been dwindling since the release of today’s CPI data. A hotter-than-expected inflation print has kept market sentiments under pressure, raising concerns about the interest rates will stay higher for longer. US CPI Comes Hotter Than Expected As CoinGape previously reported, The post CPI Report Reaction: Market Bets on Fed Rate Cut Fall As US Inflation Climbs appeared first on CoinGape .
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