U.S. Inflation Print Expected to Tee Up First Fed Interest Rate Cut Since 2020

Headline U.S. inflation for August on Wednesday is expected to fall to 2.5% after dipping below 3% in July for the first time since 2021, setting up the U.S. Federal Reserve to cut interest rates for the first time since 2020. Falling gasoline prices likely accounted for much of that slowing, but we also expect […]

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