Inflation Still Elevated, Fed Path to Rate Hike Grows More Clear

Inflation saw no unexpected moves as the Iran war keeps the situation elevated, according to the latest data from the Bureau of Labor Statistics. With this month’s Consumer Price Index (CPI) a key indicator for the upcoming Federal Reserve meeting, all eyes are on price pressures, which are simultaneously weighing on household budgets. The August…

The post Inflation Still Elevated, Fed Path to Rate Hike Grows More Clear appeared first on RISMedia.

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