2 Days
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مصراوي
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Source: مصراوي
2 Daysمصراوي
Source: مصراوي
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Rising U.S. inflation fueled bets on a half-percentage-point rate hike at the December meeting. Christopher Waller said such an increase could be considered if monthly core inflation reached 0.3% or more—a threshold met in October. The Consumer Price Index rose 0.4% over the month, exceeding expectations, while officials called for further monetary tightening. Markets put the odds of a December rate hike at about 89%. Officials warned that price pressures could persist as energy and shipping costs rise. The current interest rate stands at 3.75% to 4%, and inflation remains above the Federal Reserve’s 2% target.
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