US month-on-month CPI data released earlier showed inflation rising to a record annualized rate, exceeding expectations. Will the Fed be forced into earlier monetary tightening, and what might that mean for commodities, currencies, and stocks?
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US month-on-month CPI data released earlier showed inflation rising to a record annualized rate, exceeding expectations. Will the Fed be forced into earlier monetary tightening, and what might that mean for commodities, currencies, and stocks?