Inflation Not Going Back Into the Bottle: CPI, Core CPI, and Core Services CPI Bounce Back
Core inflation rose 0.3% in August, reinforcing expectations that the Federal Reserve will raise interest rates at its September meeting.
7 Articles
7 Articles
U.S. Consumer Price Growth Matches Estimates, Core Prices Rise Slightly More Than Expected
A closely watched report released by the Labor Department on Friday showed consumer prices in the U.S. increased in line with economist estimates in the month of August, although core prices rose by slightly more than expected. The Labor Department said its consumer price index climbed by 0.4 percent in August after inching up by 0.1 percent in July.
Gasoline Rebound Lifts U.S. Consumer Inflation in August; Core Up 0.3%
Consumer prices rose 0.4% in August as gasoline costs rebounded. Annual inflation held at 3.4%, matching expectations, while the monthly core reading came in slightly hotter than forecast. U.S. consumer inflation accelerated during August as gasoline prices rebounded following two months of declines. The Bureau of Labor Statistics reported Sept. 11 that its Consumer Price […]
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- 50% of the sources are Center, 50% of the sources lean Right
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