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Core US Inflation Picks Up, Damping Odds of Outsize Fed Cut

Underlying US inflation unexpectedly picked up in August on higher prices for housing and travel, undercutting the chances of an outsize Federal Reserve interest-rate cut next week.


  • Sep 11 2024
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Core US Inflation Picks Up, Damping Odds of Outsize Fed Cut
Core US Inflation Picks Up, Damping Odds of Outsize Fed Cut
(Bloomberg) — Underlying US inflation unexpectedly picked up in August on higher prices for housing and travel, undercutting the chances of an outsize Federal Reserve interest-rate cut next week. Read More

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