US Core CPI Data Boosts Case for Federal Reserve Rate Hike
Higher-than-expected US core inflation data has strengthened the case for the Federal Reserve to implement interest rate hikes, causing shifts in bond and stock markets.
The Story
Analyzing sources…
Source Diversity
Source Diversity
High (63/100)Sources
US Core CPI Tops Forecasts, Bolstering Case for Rate Hike
A key gauge of US consumer prices rose by more than expected last month, bolstering the case for Federal Reserve officials to raise interest rates next week. The consumer price index, excluding food and energy, climbed 0.3% in August from a month earlier, according to Bureau of Labor Statistics data out Friday. The median estimate in a Bloomberg survey called for a 0.2% increase. On an annual basis, it advanced 2.4%. Futures showed investors priced in a rate hike next week as a near certainty...
Read full article →Inflation heated up last month, boosting the case for a Fed rate hike - CNN
Inflation heated up last month, boosting the case for a Fed rate hike CNN
Read full article →Small CPI surprise could trigger big Fed rate decision
August inflation arrives after hotter producer prices and a strong jobs report raised hawkish pressure on Fed Chair Kevin Warsh.
By Mary Helen Gillespie
Read full article →Investors brace for possible rate hike at uncertain Fed meeting
By Reuters
Read full article →US Core CPI Tops Forecasts, Bolstering Case for Rate Hike
A key gauge of US consumer prices rose by more than expected last month, bolstering the case for Federal Reserve officials to raise interest rates next week.
By Jeffrey Sparshott
Read full article →US inflation data may seal Fed rate hike - kuwaittimes.com
US inflation data may seal Fed rate hike kuwaittimes.com
Read full article →
