What Is Inflation And What Causes It The August CPI report was slightly higher than expected, dampening market hopes for a 50 basis Monthly headline inflation rose 02% in August, as expected, bringing the annual rate to The latest inflation data takes a 50 basis point “The job market will continue to be an influencer” Following the CPI report, investor bets on a 25 basis point rate cut rose to 85%
юааcpiюаб юааreportюаб Live November юааinflationюаб юааreportюаб Is Out Hereтащs What It Shows is “not substantially changed” by the latest CPI data Core PCE inflation was 26% in July and the August reading will be released on Sept 27 “[Fed Chairman Jerome Powell] made it clear A surprisingly weak reading would bolster the case for the Fed to move faster in easing policy, while a stronger-than-expected report would encourage a more measured approach to cuts Here are the Core CPI rose to a slightly stronger-than-forecast 03% Both measures of inflation rose 02% in July from the previous month The readout will be one of the last big data releases before next Meanwhile, the CPI report shows inflation stabilizing above the Fed's target, yet well below its peak Together, these reports suggest a cooling labor market and easing inflationary pressures
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