By Maya Cantina
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“The sharp rise in the CPI and the surge in oil prices due to tensions in the Middle East have raised concerns that the Fed may not cut as much as the market previously thought,” said Quinn Thompson, founder of hedge fund Lekker Capital, in a Telegram message. “Mix [Atlanta Fed President] Bostic’s hawkish comments today regarding a potential pause and this is the primer for executing leveraged traders’ stops.
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