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Inflation shocker blows apart expectations for huge Fed rate cuts
thestreet.com/fed/wholesale-inflation-shocker-blows-apart-expectations-for-huge-fed-interest-rate-cuts
A hotter-than-expected spike in wholesale inflation is throwing buckets of ice water on the frothy expectation of a big, beautiful Federal Reserve interest rate cut next month.
Treasury Secretary Scott Bessent earlier this week touted a steep series of interest rate cuts beginning with…
This story appeared on thestreet.com, 2025-08-14 22:03:00.