How Accurate Is Our Inflation Rate?

July inflation data matched estimates, with core CPI falling to 2.5%, its lowest since March 2021 and nearing the Fed's 2% target. Weakening payrolls and subdued inflation reduce the likelihood of a September Fed rate hike, supporting bullish risk asset sentiment.

Source: Seeking Alpha

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Category General

Source Seeking Alpha

Published 1 month ago

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News ID #6,157

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