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🔥 US CPI UNEXPECTEDLY RISES TO 3.8% IN MARCH - HIGHEST SINCE MAY 2023 🔥
Newly released data shows a sharp increase in US inflation, primarily due to soaring oil prices. Gasoline prices in the US have risen by 65% in just six months. Notably, for the first time in three years, inflation has outpaced wage growth, severely eroding the purchasing power of American consumers.
Impact: Increased pressure on the Fed makes interest rate cuts this year increasingly unlikely. Stock and bond markets may experience significant volatility in the next trading session.
Question: Will the Fed be forced to raise interest rates again to curb inflation? 📉
#USAprilCPITonight #WarshTakesFedChair @OKX Orbit $BTC

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