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Monthly U.S. consumer prices unexpectedly rise in August; core inflation picks up

Summary by Ground News
Monthly U.S consumer prices unexpectedly rose in August as declining gasoline prices were offset by gains in the costs of rent and food, giving cover for the Federal Reserve to deliver another hefty interest rate increase next Wednesday.
3 months ago·Washington, United States

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Monthly US consumer prices unexpectedly rise in August; core inflation picks up

Monthly US consumer prices unexpectedly rose in August as declining gasoline prices were offset by gains in the costs of rent and food, giving cover for the Federal Reserve to deliver another hefty interest rate increase next Wednesday.

3 months ago·Mumbai, India
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Stubbornly high rents, food prices boost U.S. inflation in August

U.S. consumer prices unexpectedly rose in August and underlying inflation accelerated amid rising costs for rents and healthcare, giving the Federal Reserve ammunition to deliver a third 75 basis points interest rate hike next Wednesday.

3 months ago·United Kingdom
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US inflation slows to 8.3% in August but prices still rising

Falling gas prices were major contributor to drop but costs of goods and other services still going up

3 months ago·London, United Kingdom
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Inflation eases for second month in a row but remains high at 8.3%

Inflation only increased by 0.1 per cent in August, but it still climbed upward by 8.3 per cent in the past 12 months, according to the latest Consumer Price Index report from the Bureau of Labor Statistics.

3 months ago·London, United Kingdom
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CPI report reveals inflation falls again, further from 40-year high

Food and rent costs rose again in August, a CPI report showed, offsetting lower gas prices and raising fears the Fed will keep sharply hiking rates.

3 months ago·United States
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US inflation falls for 2nd straight month on lower gas costs

WASHINGTON (AP) — Sharply lower prices for gas and cheaper used cars slowed U.S. inflation in August for a second straight month , though many other items rose in price, indicating that inflation remains a heavy burden for American households.

3 months ago·United States
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59% of the sources are Center
CNN
HuffPost
The Guardian
The Independent
USA Today
Associated Press News
abc News
New York Times
+20
Reuters
CNBC
The Hill
RTÉ
Pioneer Press
News 4 JAX
+59
Times of India
Washington Times
Business Standard
Boston Herald
The Billings Gazette
Wall Street Journal
+7
Washington Examiner
OAN
The Daily Caller
The Epoch Times
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+1
L 25%
C 58%
R 17%
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