September’s Consumer Price Index report hit the wires yesterday, and once again, inflation data sent investors into a tizzy. While the headline rate slowed from 8.3% year-over-year (YOY) to 8.2%, the “core” rate, which excludes food and energy, accelerated to 6.6%—a fresh multi-decade high. Unsurprisingly, rate hike expectations jumped, with most market participants now seeing […]
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