US CPI rose 0.2% mom in August, matched expectations. However, core CPI rose 0.3% mom, above expectation of 0.2% mom. Shelter costs jumped 0.5% mom and was the main factor in the all items increase. Food index rose 0.1% mom while energy index fell -0.8% mom. Over the 12-month period, CPI slowed from 2.9% yoy […]
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