Fed Likely to Want Further Evidence of Inflation Slowdown


A slowdown in inflation last month, following current indications of a sturdy labor market, complicates the Federal Reserve’s determination on how a lot to lift rates of interest subsequent month.

Information on inflation and financial exercise are more likely to information whether or not central financial institution officers carry their benchmark federal-funds price by a half-percentage level or three-quarters of some extent at their Sept. 20-21 coverage assembly. They’ve stated they need to see proof that worth pressures and financial development are cooling earlier than they average their tempo of price will increase.


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