OCTOBER CPI COMES IN HOTTER THAN EXPECTED:
- Headline at 0.4% MoM vs 0.3% expected
- Core at 0...
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October CPI rose 0.4% month over month, above the 0.3% expectation; core CPI rose 0.3%, above the 0.2% expectation. Shelter accounted for over 30% of the monthly increase, and December rate-hike odds were stated at 98.8%.
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