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On the SPOT blog (09/08/2022) [S..]

Writer: Salyl BhagwatSalyl Bhagwat

Pretty decent finish on the Wall Street today after what appears to be a volatile day. Today's focus must have been the comments from Federal Reserve Chairman that sounded clear about commitment to tame the inflation. Perhaps markets have priced in 0.75% rate hike but let's check what CPI data has to show next week.

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