Markets US headline inflation in August rose 0.1% m/m, defying (commodity driven) expectations for a 0.1% decline. Year-on-year, prices grew by 8.3%. While down from 8.5% in July, the cooldown was less than the 8.1% hoped for. Core measures even surged 0.6% m/m. That’s double the pace analysts’ foresaw and that of July. Compared to […]
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