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Dollar Set for Best Day Since September as CPI Lifts Hike Bets
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(Bloomberg) --"A 50-basis-point hike is now being considered as a real possibility, and I don't think anyone was really considering that before," said Andrew Hazlett, a foreign-exchange trader at Monex Inc. "Rates will likely stay higher for longer."
Reporting by Melos Ambaye and Anya Andrianova