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Analysts: Core commodities drive CPI rise, Fed may maintain interest rate cut plan.
[Golden Finance] According to reports, Art Hogan, Chief Market Strategist at B. Riley Wealth, stated: "Core commodities are the real driving force behind the rise in the CPI index, but energy and housing costs have somewhat offset this impact. This report may not change the Fed's path forward, and we still expect rate cuts in the next three meetings."