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US core CPI tops forecasts, bolstering case for higher rates
The consumer price index, excluding food and energy, climbed 0.3 per cent in August from a month earlier. On an annual basis, it advanced 2.4 per cent.
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cryptobriefing.com
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.
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US producer prices rise less than forecast, putting Fed rate hike in doubt
US core producer prices rose less than expected in August, complicating the Federal Reserve's rate decision ahead of the September 15-16 FOMC
