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Citi turns hawkish on Fed after inflation surprise, expects Dec rate hike

Citi has shifted to a more hawkish stance on the Federal Reserve following a recent inflation surprise and now expects the Fed to hike rates in December.

Original · Investing.com AI summary of public reporting

Why: Inflation surprise → expected Dec Fed hike

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At publication → Current
SP5007,752 → 7,727−0.3%
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Citi turns hawkish on Fed after inflation surprise, expects Dec rate hike | SignalHub