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Markets are anticipating another rate hike from the Federal Reserve in October after fresh economic data from S&P Global on Wednesday showed growing inflation pressures, while a top Fed official noted risks to achieving the 2% inflation target.Fed Governor Michael Barr said at a housing conference…
U.S. stocks rose broadly after Fed Governor Christopher Waller signaled he could support leaving rates on hold this month, while traders pared September hike odds to about 50% from 70% earlier in the week.