WS #12068

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June CPI came in at 3.5% YoY vs 3.8% expected, core flat MoM, reducing Fed rate hike fears and boosting risk assets including Bitcoin and crypto stocks.

June CPI Miss & Fed Rate Hike Expectations

June CPI came in at 3.5% YoY vs 3.8% expected, core flat MoM, reducing Fed rate hike fears and boosting risk assets including Bitcoin and crypto stocks.

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