Inflation Hotter-than-Expected in August

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Sep 16, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    A slightly hotter-than-expected reading on core inflation is consistent with the FOMC taking rates higher this year. While the Fed's preferred inflation gauge is the core personal consumption expenditure deflator, the CPI is the first price gauge released for August, and the last data point before next week's rate decision[​IMG]

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