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Fed's Goolsbee sees 'note of unease' as central bank looks to next interest rate move

1. Chicago Fed's Goolsbee hesitates on interest rate cuts due to mixed inflation data. 2. Core CPI nudged higher to 3.1%, above Wall Street expectations. 3. Producer prices unexpectedly rose 0.9%, largest increase in three years. 4. Economists cautiously watch tariff impacts on inflation metrics. 5. Markets near-certain of September rate cut, uncertain thereafter.

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FAQ

Why Neutral?

The data is mixed, causing uncertainty about rate cuts. Historical trends show markets react cautiously to unclear economic signals.

How important is it?

Inflation data and interest rate forecasts significantly influence market pricing affecting S&P 500 companies.

Why Short Term?

Upcoming FOMC meetings and economic indicators will influence immediate market reactions.

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