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CPI Report Sparks Fed Rate Cut Hopes as Inflation Slows to 2.9%
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CPI Report Sparks Fed Rate Cut Hopes as Inflation Slows to 2.9%

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CPI Report Sparks Fed Rate Cut Hopes as Inflation Slows to 2.9%
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CPI Report Sparks Fed Rate Cut Hopes as Inflation Slows to 2.9%

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Source: Bitcoin.com

CPI Report Sparks Fed Rate Cut Hopes as Inflation Slows to 2.9%On Wednesday, the U.S. Bureau of Labor Statistics rolled out its latest consumer-price index (CPI) report, revealing a 2.9% increase over the past 12 months through July—falling just short of economists’ 3% forecast. This data nudged CME futures metrics upward, reflecting growing market sentiment that the latest BLS figures strengthen the case for a Federal […]

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Author: Jamie Redman

Related posts:

  1. US Inflation Remains Higher Than Expected, Raising Concerns Among Investors
  2. US Inflation Data Eases Concerns; Crypto Economy Jumps 11% Higher While Market Analysts Anticipate Fed’s Next Decision
  3. Economist Mohamed El-Erian Says Fed’s Characterization of Inflation as ‘Transitory’ the ‘Worst Call in History’ 
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