US consumer inflation eases more than expected in August

US consumer inflation eases more than expected in August …C0NTINUE READING HERE >>>

US consumer inflation cooled more than expected in August.
Photo: Frederic J. BROWN / AFP
Source: AFP

US consumer inflation eased more than expected last month, according to government data published Wednesday, bolstering expectations that the Federal Reserve will cut interest rates next week.

A rate cut by the independent US central bank would act to boost demand in the world’s largest economy. That would give the Democratic party some good economic news to run on going into the final…

>

Leave a Comment