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Traders Trim October Fed Hike Bets After Soft Inflation Reading

Bloomberg Markets·September 30, 2026·1 min read

Traders reduced their bets on a Federal Reserve interest-rate hike in October after the central bank's preferred inflation measure accelerated less than expected. The softer reading eased concerns about price pressures, prompting markets to reassess the likelihood of tighter monetary policy in the coming weeks.

Read at Bloomberg Markets
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