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Inflation dropped more than expected, raising hopes the Fed may pause rate hikes.
A surprising drop in inflation data has boosted hopes that the Federal Reserve may pause or end its interest rate hikes, offering relief to consumers and businesses facing high borrowing costs.
The latest figures show inflation cooling more than expected, particularly in key categories like housing and services, fueling speculation that the central bank could adopt a more dovish stance in its upcoming policy meeting.
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La inflación cayó más de lo esperado, aumentando las esperanzas de que la Fed pueda suspender las subidas de tasas.