Firm Inflation Reading Pushes Fed Closer to a Rate Increase
Firm Inflation Reading Pushes Fed Closer to a Rate Increase
The annual U.S. inflation rate held steady at 3.4% in August, matching analyst expectations.
Consumer Sentiment Is Lower in September, per Michigan Survey
The survey's index stands at 47.8, versus the 51.7 recorded at the end of August, bringing sentiment back down toward historical lows reached earlier this year.
U.S. Stocks Rise, Treasury Yields Slip Despite Stubborn Inflation
Inflation Holds at 3.4% in August, Bolsters Rate Hike Wagers
US inflation holds at 3.4% as monthly price rises hit fastest pace since May
US inflation holds steady at 3.4% ahead of Federal Reserve meeting
US inflation steady in August, fueling Fed rate hike expectations
Fed rate hike odds rise to 90% after August CPI report
Inflation stayed hot in August, as CPI rose at an annual rate of 3.4% — higher than economists expected
