Expectations for the next Fed rate cut get pushed back after hot inflation report
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Source: CNBC
Published: 2026-03-19 01:13 UTC+10:00
Section: General
Factuality Score: 92
Opinion Category: Neutral
Topics: Politics, Economy & Finance, Weather, Business & Economy
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Snippet:
A hotter-than-expected wholesale inflation reading for February had traders contemplating the possibility that the Federal Reserve won't be lowering interest rates at all this year.
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