Deep Tide TechFlow news: On June 10, Wednesday, the U.S. inflation data released was largely in line with expectations, further confirming that the Federal Reserve will keep interest rates at 3.50% to 3.75% at its June meeting, though it is expected to raise rates by 25 basis points by the end of the year. The data shows that in May, the Consumer Price Index (CPI) rose 4.2% year over year, while the core CPI increased 2.9% year over year, both meeting expectations. According to the CME FedWatch Tool, ahead of the CPI release, the market had already priced in a 98% probability that the Federal Reserve would keep interest rates unchanged at the June meeting. (Jin10)

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