Elevated Inflation Keeps Pressure on Fed to Raise Rates
The odds of a quarter-point rate increase at the Federal Reserve’s meeting next week surged to 90 percent after August’s Consumer Price Index report.
The odds of a quarter-point rate increase at the Federal Reserve’s meeting next week surged to 90 percent after August’s Consumer Price Index report. This story matters for General News readers tracking baha. Reported by nytimes.com. Read the full original at the source link below.
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