Expected Rise in August CPI Unlikely to Alter Fed Path

Linkedin
Facebook
Twitter
Download

Expected Rise in August CPI Unlikely to Alter Fed Path

09/13/2023

The August Consumer Price Index (CPI) was expected to be a bit hot (and it was) but there were enough positives within the report to keep policymakers sidelined at next week’s FOMC meeting.

Headline CPI rose by +0.6%, matching the median forecast with the largest increase in 14 months. Core CPI (excluding food and energy) rose +0.3%, the first uptick since February and slightly above the +0.2% median forecast.

Read the full article

Learn More From HilltopSecurities

Consumer Inflation Drops in Admittedly Messy CPI Release

November Payrolls Beat Expectations as Unemployment Jumps 0.2%

Thank you for visiting the HilltopSecurities website.
For best viewing experience, we recommend using Chrome, Firefox, Safari, or Microsoft Edge.