SOFTER U.S. INFLATION CUTS FED HIKE ODDS

AUGUST CORE PCE FELL TO 3.0% YOY VS. 3.3% EXPECTED, WHILE HEADLINE PCE CAME IN AT 3.4% VS. 3.7% FORECAST.

Q2 GDP WAS REVISED HIGHER TO 2.2% FROM 1.5%.

KALSHI NOW PRICES A 65% CHANCE OF NO OCTOBER FED HIKE, VERSUS 31% FOR A 25BP INCREASE.
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