US Inflation IS Still A Thing! [Podcast]

Digital Finance Analytics (DFA) Blog

Aug 11 2023 | 00:06:04

00:00 / 00:06:04

Show Notes

A key measure of US consumer prices rose only modestly for a second month, bolstering hopes that the Federal Reserve can tame inflation without sparking a recession. But the results hardly moved markets at all, bearing in mind the next FED meeting is in September to more data will be to hand.The core consumer price index, which excludes often-volatile food and energy costs, rose 0.2% for a second month, Bureau of Labor Statistics data showed Thursday. That marked the smallest back-to-back gains in more than two years. Economists view the core measure as a better indicator of underlying inflation than […]

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