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Traders boosted expectations for a Federal Reserve interest-rate hike after hotter-than-expected core US inflation data, with a 90% chance of a move next week and two increases fully priced in by year-end.
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
(RTTNews) - A closely watched report released by the Labor Department on Friday showed consumer prices in the U.S. increased in line with economist estimates in the month of August.
India’s foreign exchange reserves surged to a fresh record of $785.7 billion in the week ended September 4, supported by substantial dollar inflows following measures introduced by the Reserve Bank of…
The all-items consumer price index was expected to rise 0.4% in August, with core, excluding food and energy, showing a 0.2% gain, according to the Dow Jones consensus.
Figure comes ahead of high-stakes Fed meeting
El dato de inflación de EEUU se ha mantenido en el 3,4% en agosto, el mismo nivel que en julio. Este dato supera las expectativas de los analsitas que esperaban que la tasa bajara ligeramente. Leer
Before the report, analysts were forecasting that the Fed would pursue a quarter-point rate hike at next week's meting.
