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Rates Spark: Rate Markets Have Shifted Focus From Inflation To Jobs

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Rates Spark: Rate Markets Have Shifted Focus From Inflation To Jobs

JLGutierrez

By Michiel Tukker, Benjamin Schroeder, Padhraic Garvey, CFA

Upside surprise to US CPI, but doesn’t distract from focus on jobs

Only a few economists had predicted a 0.3% month-on-month core CPI reading in August, and thus, markets were surprised by this

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