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U.S. Inflation Expected to Rise in August on Soaring Gasoline Prices

U.S. Inflation Expected to Rise in August on Soaring Gasoline Prices
The U.S. Federal Reserve will be on the lookout for signs that broader inflation trends continued to slow down in August—even as energy prices spiked. We expect headline CPI to tick up to 3.6% year-over-year in August, up from 3.2% in July. This increase is almost entirely explained by higher global energy prices. Gasoline prices […] The post U.S. Inflation Expected to Rise in August on Soaring Gasoline Prices appeared first on Action Forex... Read More
Posted: Sep 9 2023, 03:04
Author Name: actionforex
Views: 092198

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