
US inflation data boosts odds of Federal Reserve interest rate hike
Higher-than-expected core CPI figures for August have strengthened the case for the Federal Reserve to raise interest rates, causing stock and bond markets to rally on anticipation of tighter monetary policy. Analysts suggest the data provides the Fed sufficient justification for further tightening to combat persistent inflation.
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US consumer inflation picks up in August - Reuters
US consumer inflation picks up in August Reuters
Read full article →Fed’s Rate Decision May Have Come Down to Phone Plan Changes
A record jump in the price of cellular phone services helped tip a key measure of US inflation above forecasts, likely sealing the deal for a Federal Reserve interest-rate increase next week.
By Jeffrey Sparshott and Matthew Boesler
Read full article →Higher than expected core CPI gives Fed enough to tighten
Next week’s decision remains a close call, but there is little sign in the inflation data of continued disinflation
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 →August consumer inflation cements Fed rate hike odds. What Wall Street is saying
The print was enough to raise chances of a quarter-point Fed rate increase next week to nearly 86% from 72% on Thursday, according to the CME FedWatch tool.
Read full article →Consumer Sentiment Is Lower in September, per Michigan Survey - Morningstar
Consumer Sentiment Is Lower in September, per Michigan Survey Morningstar
Read full article →Stocks climb but US data boosts predictions of Fed interest rate hike
In London, the FTSE 100 index ended up 41.52 points, 0.4%, at 10,650.44.
By Eric Cunha
Read full article →Fed rate hike odds surge to 90% on monthly jump in core prices
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 →Instant View: August core inflation reading boosts rate-hike expectations
By Reuters
Read full article →Western Visayas inflation climbs to 8.4%
ILOILO CITY — Inflation in Western Visayas accelerated further to 8.4 percent in August, driven largely by higher housing and utility costs, transportation, and food prices, according to the Philippine Statistics Authority (PSA). The August inflation rate was higher than July’s 7.8 percent rate, and a sharp reversal from the 0.3-percent deflation recorded in the
By cavendano
Read full article →Rate-Hike Odds Soar Despite Lowest Core Consumer Price Inflation Since 2021
Rate-Hike Odds Soar Despite Lowest Core Consumer Price Inflation Since 2021 Following fuel-driven jump in Producer Prices, consensus was for a concomitant jump MoM in Consumer prices this morning, after last month's decline as energy prices have rebounded (though we warned that amid all the interventionist-y chatter, nothing would surprise us less than 'cool' print to offset the PPI scare). And analysts were right with headline CPI rising 0.4% MoM (exactly as expected) - biggest...
By Tyler Durden
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
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