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US CPI Surprise and PPI Rise Rattle Markets; Fed Rate-Hike Risk Resurfaces

Hotter-than-expected inflation data on May 13 sent shockwaves through equities and crypto. US producer prices climbed 6% year-over-year, the fastest since 2022, while core CPI beat expectations, rekindling fears the Fed may delay or even hike rates instead of cutting. 10-year Treasury yields jumped to their highest since July.

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Rocky take

US CPI Surprise and PPI Rise Rattle Markets; Fed Rate-Hike Risk Resurfaces has gained +0% in mention volume over the past 24 hours. Sentiment is skeptical. Coverage is led by tier-1 financial press with cross-platform amplification.

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