S&P 500 Futures Largely Unchanged as the Fed’s Preferred Gauge of Inflation Cools to 3.9%

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S&P 500 Futures Largely Unchanged as the Fed’s Preferred Gauge of Inflation Cools to 3.9%
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US Fed Policymakers will no doubt breathe a sigh of relief as Core PCE data cooled in August. Short-term US interest rate futures barely moved however, as market participants still see the rate hiking cycle as done.

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