Post

zero3h ago

Rising petrol costs drive sharp inflation increase in US in August

US inflation rose sharply in August due to rising petrol costs. This increases the likelihood the Fed will raise rates by at least 50 basis points at its September meeting, though the headline does not confirm the Fed's actual decision or the size of any increase it will announce.

Show more

US inflation rose sharply in August due to rising petrol costs. This increases the likelihood the Fed will raise rates by at least 50 basis points at its September meeting, though the headline does not confirm the Fed's actual decision or the size of any increase it will announce.

Al Jazeera
This news is impacting to Yes
0
📈 Macro

to reply.

No replies yet. Be the first.