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Hot US inflation raises odds of half-point Fed hike in December

CO
Cointelegraph
By Cointelegraph by Jona Jaupi
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Hot US inflation raises odds of half-point Fed hike in December
Photo / Coverage: CointelegraphCredit: Cointelegraph by Jona Jaupi
EXECUTIVE SUMMARY

US inflation came in above forecasts in October, increasing expectations of a bigger rate hike in December and raising concerns for crypto investors.

Key Takeaways

  • Hot US inflation raises odds of half-point Fed hike in December.
  • US inflation came in above forecasts in October, increasing expectations of a bigger rate hike in December and raising concerns for crypto investors.
  • US inflation came in above forecasts in October, increasing expectations of a bigger rate hike in December and raising concerns for crypto investors.

US inflation came in above forecasts in October, increasing expectations of a bigger rate hike in December and raising concerns for crypto investors.

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