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The CPI report from the United States scheduled for release next Tuesday is undoubtedly the most closely watched data of the week. Economists widely expect the annual inflation rate to slow slightly, but core inflation may remain high, reflecting ongoing price pressures in the services and housing sectors. According to the latest data, the Federal Reserve maintains a cautious stance, emphasizing that further assurance is needed before considering interest rate cuts, ensuring that inflation is sustainably approaching the 2% target.
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