US inflation in August rose less than expected, potentially easing pressure on the Federal Reserve for rate hike. Consumer spending increased despite rising energy prices linked to the US-Israel conflict. While a rate hike remains possible later this year, current market expectations have softened.
US inflation in August rose less than expected, potentially easing pressure on the Federal Reserve for rate hike. Consumer spending increased despite rising energy prices linked to the US-Israel conflict. While a rate hike remains possible later this year, current market expectations have softened.
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US inflation in August rose less than expected, potentially easing pressure on the Federal Reserve for rate hike. Consumer spending increased despite rising energy prices linked to the US-Israel conflict. While a rate hike remains possible later this year, current market expectations have softened.
