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CPI Exceeds Expectations; Markets Start Betting on the Fed to Raise Rates by 50 Basis Points in December
2026-11-10 22:08:44
According to CoinMeta, bets in the financial markets on the Federal Reserve raising interest rates by 50 basis points in December have begun to heat up, as the newly released Consumer Price Index ( CPI ) exceeded expectations. Currently, the market believes that the probability of a rate hike is about 10%.
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