August CPI: The Fed May Hike And Stocks Don't Care

August core CPI rose 0.3% month-over-month, exceeding expectations and signaling persistent price pressures, especially in services. Market reactions were volatile but ultimately muted, as investors view a potential 25 bps Fed hike as an adjustment, not the start of a new tightening cycle.

Source: Seeking Alpha

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Category General

Source Seeking Alpha

Published 2 weeks ago

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News ID #16,400

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