Hot US Core CPI Data Boosts Odds of Fed Rate Hike

US consumer inflation picks up in August - Reuters

US consumer inflation picks up in August  Reuters

Core CPI Hikes Ahead of FOMC Meeting

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. Bloomberg Intelligence US Interest Rate Strategist Ira Jersey and Bloomberg News Marco Strategist Frank Monkam discuss how the oil market is moving and what it all means for the Fed ahead of its September meeting next week. Then, Kalshi Chief Risk Officer Udesh Jha talks about the prediction market platform launch of Gold & Silver perpet...

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

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

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.

Canadian dollar weakens to nine-day low on Fed rate hike bets

U.S. inflation data supports bets for a Federal Reserve interest rate hike next week

By Fergal Smith

Consumer Sentiment Is Lower in September, per Michigan Survey - Morningstar

Consumer Sentiment Is Lower in September, per Michigan Survey  Morningstar

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

With Just 5 Days to Next FOMC Meeting, Odds of Fed Rate Hike Surge to Over 85%

US core inflation up more than forecast, bolstering case for hike - The Straits Times

US core inflation up more than forecast, bolstering case for hike  The Straits Times

Investors brace for possible rate hike at uncertain Fed meeting

Bets increased that the Federal Reserve will hike by a quarter percentage point after data showed consumer inflation picked up in August.

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

The Week Ahead (Sept. 14-20): Federal Reserve Prepares for Critical Interest Rate Decision - Caixin Global

The Week Ahead (Sept. 14-20): Federal Reserve Prepares for Critical Interest Rate Decision  Caixin Global

Instant View: August core inflation reading boosts rate-hike expectations

By Reuters

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

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

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

US inflation data may seal Fed rate hike - kuwaittimes.com

US inflation data may seal Fed rate hike  kuwaittimes.com