August CPI report shows 0.2% inflation rise, Fed still expected to cut interest rates
The Consumer Price Index rose 0.2% in August, the same as July, putting the 12-month inflation rate at 2.5%. CBS News contributor Javier David has a look at the numbers and what they might mean for interest rates.
The headline U.S. Consumer Price Index for August, due out on Wednesday, is primed for another soft reading – helped by a ...
How you read the August Consumer Price Index (CPI) report is a matter of perspective. There is some good news in there for ...
Is retail inflation for August higher or lower? Much depends on your yardstick. If we take year-on-year consumer price ...
Mixed CPI results show deflationary food and energy prices, easing core goods prices, and sticky core services inflation.
The Bank of Canada has reduced its policy rate by 75 bps so far this year. The Canadian Dollar seems to have embarked on a ...
CPI eases back to BOC's target at +2% YOY, slowest since February 2021. That is below the +2.1% forecast. Month-on-month -0.2%, better than +0.0% expected. BOC preferred core measures remained at ...
Israel's inflation rate surged in August to its highest rate in nearly a year, data from the Central Bureau of Statistics ...
Press Trust of India on MSN4h
Wholesale inflation at 4-month low of 1.31 pc in AugWholesale inflation fell to a 4-month low of 1.31 per cent in August due to a decline in prices of vegetables and fuel, even ...
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