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Inflation accelerated in August as oil prices surged

Consumer prices edged higher in August as a surge in oil prices contributed to an uptick in headline inflation, according to the latest data from the Bureau of Labor Statistics.

August CPI Report: What the Experts Are Saying About Inflation

Headline inflation jumped last month but the Fed remains on course to leave interest rates unchanged. Higher gas prices caused headline inflation to pick up sharply last month, the August Consumer Price Index (CPI) showed Wednesday, but a moderating pace of underlying inflation should keep the Federal Reserve on track to leave interest rates unchanged at the next Fed Meeting, experts say.Prices rose 0.6% in August after increasing just 0.2% the prior month, the Bureau of Labor Statistics said We

Wall Street yawns at not great, no disaster CPI

Wall Street yawns at not great, no disaster CPI
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Fed-obsessed traders take U S CPI numbers in stride

Fed-obsessed traders take U S CPI numbers in stride
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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