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August inflation report could set the course for interest rates, affordability crisis
“The fate of the September [Fed] meeting lies with August CPI,” wrote Citigroup economists.
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cryptobriefing.com
Federal Reserve rate hike depends on two key inflation reports
The Fed's September rate decision hinges on August CPI and PPI data due September 10-11, with inflation still well above the 2% target.
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US core CPI expected to cool toward 2.4% in August as goods prices drag inflation lower
Analysts expect US core CPI to fall to 2.3%-2.4% year-over-year in August, down from July's 2.5%, ahead of the September FOMC meeting.
