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Breaking Posted 1 hour ago

Fed's Goolsbee: Services-driven CPI more concerning than goods

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Fed official Austen Goolsbee expressed greater concern about core CPI driven by services inflation rather than goods or oil-related items, signaling hawks' focus on sticky service-sector pricing. This commentary affects USD pairs as it reinforces expectations for higher-for-longer rates; traders should monitor EUR/USD and GBP/USD for potential strength in dollar positioning.
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