August CPI shows sticky core inflation ahead of Fed meeting
An interest rate hike may be in store after data from the U.S. Bureau of Labor Statistics, released on Friday, shows that core inflation is remaining stubbornly above the Federal Reserve’s desired target. In August, the Consumer Price Index for all items rose 0.4% month-over-month up from a 0.1% monthly jump in July. A 3.9% […]
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