Fed Rate Cut Prospects Shift Amid CPI Data and Policy Impacts

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Source: Investing.com
Fed Rate Cut Prospects Shift Amid CPI Data and Policy Impacts
Photo: Investing.com
TL;DR Summary

Traders have increased the probability of a Federal Reserve interest rate cut in December to 80% following in-line CPI data, which showed a slight acceleration in inflation. The Fed is expected to cut rates by 25 basis points, with further easing anticipated in 2025. Investors are advised to consider quality fixed income and diversified strategies, as well as US equities, amid solid economic growth and robust AI investment.

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