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Hot US Inflation Print Stalls Fed Rate-Cut Hopes; Core CPI Sticky, PPI at 6% YoY
US producer prices surged 6% year-over-year in April, the fastest pace since 2022, and core CPI remained elevated, triggering a pivot away from early rate-cut expectations. Treasury yields hit multi-month highs; Fed speakers signal rates will stay higher for longer, pressuring both equities and risk assets.
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Hot US Inflation Print Stalls Fed Rate-Cut Hopes; Core CPI Sticky, PPI at 6% YoY 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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