US Inflation Rises in August, But Fed Still Expected to Cut Rates
New York, September 12 (Patrika English News): U.S. consumer prices rose more than expected in August, with annual inflation hitting a seven-month high. However, analysts say the data is unlikely to derail the Federal Reserve’s expected rate cut next week as labor market signals continue to weaken. The Consumer Price Index (CPI) rose 0.4% in … Read more