WS #13847

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Rising oil prices fuel inflation fears, with markets pricing in a 51% chance of a Fed rate hike in September; Wednesday's CPI report could trigger a 2% S&P 500 swing.

Fed rate hike bets and CPI anticipation

Rising oil prices fuel inflation fears, with markets pricing in a 51% chance of a Fed rate hike in September; Wednesday's CPI report could trigger a 2% S&P 500 swing.

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