Rate Cut
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BSCN· 2026-05-12 13:02
U.S. CPI INFLATION RISES TO HIGHEST LEVEL IN 3 YEARSThe US Bureau of Labor Statistics reports that the Consumer Price Index (CPI) rose to 3.8% for the latest period, surpassing the consensus forecast of 3.7%.Market volatility is surging as participants recalibrate their probability of an aggressive June rate cut amid sticky core inflation. ...