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Macquarie Says Higher U.S. Inflation Reading Unlikely to Prompt October Fed Hike

Macquarie Group's Thierry Wizman says an anticipated acceleration in September U.S. consumer inflation is unlikely to sway the Fed into raising rates later this month.

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S. September consumer inflation, due on Wednesday, is unlikely to prompt the Fed to raise interest rates in October, says Macquarie Group's Thierry Wizman in a note. "We do not believe that the report will sway the Fed into hiking later this month," the global FX an…