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Why Fed Rate Hikes May Be on Hold for the Rest of 2023

Why Fed Rate Hikes May Be on Hold for the Rest of 2023
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US stocks trade mixed as consumer inflation comes in stronger than expected

The headline CPI for September came in slightly above estimates, growing 0.4% from a month ago, and 3.7% from a year ago.

What Is CPI?

It is imperative investors be able to answer the question "what is CPI" and to know how it is used. "What is CPI" is likely a question not as many folks are asking these days given how hyper-focused on inflation we've all become in recent years. Still, it's a worthy question for those not as well-versed on the topic of rising prices.You see, when people talk about how they were once able to buy a gallon of gas for a quarter and bread for less than two dimes, they're complaining about inflation,

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