Aligned with expectations, US inflation reading bolsters odds for December rate cut Related news

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'There are numerous reasons why inflation is unlikely to rear its ugly head again, even though there are concerns of another wave,' economist Ryan Sweet tells Anadolu  Steven Kamin, senior fellow at American Enterprise Institute, calls lagging progress on inflation disappointing, preferring Fed keep rates steady this month ANKARA  With US inflation figures meeting market expectations, prospects for a 25-basis-point rate cut appear stronger than ever at the Federal Reserve's next meeting. 

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