Cleveland Fed's August inflation forecast suggests reacceleration in monthly core CPI, potentially setting up a divided September FOMC meeting
The Federal Reserve Bank of Cleveland's latest Inflation Nowcasting estimates project July CPI to rise 0.09% MoM and 3.42% YoY, with core CPI up 0.21% MoM and 2.52% YoY. The forecast also indicates a reacceleration in monthly core CPI growth to roughly 0.2% for August. This outlook could intensify divisions within the FOMC ahead of its September meeting, where a rate hike is seen as a nearly 55% likelihood according to CME Group's FedWatch tool.
Source:Yahoo财经 · Source Link
Disclaimer: This content reflects only the author’s personal views and does not constitute any investment or financial advice. If you discover any content that violates regulations,Click to Report
24H Trending
-
1
2023 Litecoin Halving Review: Price Trends and Network Development
-
2
What is XCASH/X-Cash? An Analysis of Project Positioning, Technical Features, and Market Performance
-
3
TRX and Enterprise Blockchain Solutions: Recent Progress and Application Potential
-
4
What is BTBS Coin? BitBase Exchange Token BTBS Official Website, Total Supply, and Market Status Analysis
-
5
What is EtherZero (ETZ)? An Analysis of ETZ Coin Trading and Project Status
-
6
What is TEXITcoin (TXC)? An Analysis of its Project Positioning, Development Prospects, and Market Performance
-
7
How to Buy, Sell, and Trade KAVA Coin? A List of Platforms Supporting KAVA Trading
-
8
<p>Current Status of Bitcoin Trading in Mainland China and an Overview of Major Global Cryptocurrency Platforms</p>
-
9
Kalshi prediction market valuation soars to $22 billion, institutional demand drives strong growth
-
10
What is the value of SLAKE coin? Discussing its market status and long-term investment risks
Markets Today
Recommended Reading












