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Fed’s Goolsbee: Hot CPI unacceptable as services inflation bites

Chicago Fed President Austan Goolsbee described the latest CPI data as discouraging and highlighted services inflation as a concern.

Original · FXStreet AI summary of public reporting

Why: Hot CPI and services inflation → higher rate hike odds

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SP5007,716 → 7,700−0.2%
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Fed’s Goolsbee: Hot CPI unacceptable as services inflation bites | SignalHub