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Dollar extends fall as CPI data and Fed minutes corroborate pivot bets

Dollar extends fall as CPI data and Fed minutes corroborate pivot bets

Global Market Insights - Forex, Futures, Stocks

April 13, 20234m 20s

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Headline CPI rate drops by a full percentage point, core ticks up. Investors still expect another 25bps hike, but maintain rate cut bets. Fed minutes reveal that some officials considered pausing.

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