·Confidence 90%·Breaking
US Core CPI Exceeds Expectations, Rate Hike Likely Next Week
HOTSPX ↓ Moderate
Key takeaways
- SPX: SPX — Moderate bearish
- US core consumer prices rose 0.3% in August, surpassing forecasts and strengthening the case for a Federal Reserve interest rate hike next week.
Analysis
US core consumer prices rose 0.3% in August, surpassing forecasts and strengthening the case for a Federal Reserve interest rate hike next week.
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