WS #13846

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Rising oil prices are reviving inflation fears, with JPMorgan warning of a potential 2% S&P 500 swing on Wednesday's CPI report, and markets pricing a ~51% chance of a September rate hike.

Fed rate hike expectations and CPI

Rising oil prices are reviving inflation fears, with JPMorgan warning of a potential 2% S&P 500 swing on Wednesday's CPI report, and markets pricing a ~51% chance of a September rate hike.

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