Fed rate rise now more likely

16 September 2016

 

The US Fed may finally be getting what it wanted from the latest inflation figures. CPI figures released by the US Labor Department for August indicate consumer prices rose 0.2% for the month, 1.1% for the year and more than the 0.1% expected by financial markets. Core prices, the measure of prices which strips out food and energy prices changes, rose a higher-than-expected 0.3% for the month. Over the last...

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