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Fed rate-hike odds reportedly fall from 70% to 34%
One user calls the shift bullish for markets; another alleges revised calculations obscured an increase in inflation.
TLDR
One user says Fed rate-hike odds fell from 70% to 34% and calls the lower chance of another hike this year bullish for markets. Separately, another user alleges a change in inflation calculations made a reported decline misleading, estimating August inflation at around 3.8% under the previous method.
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