Sticky inflation report unlikely to keep Fed off course for rate cut next week
Yahoo Finance·2025-09-11 22:39
A stickier inflation report isn’t likely to kick the Federal Reserve off course for an interest rate cut next week, but it is likely to keep the central bank from doing a jumbo cut of half a percentage point. The Consumer Price Index showed “core” prices, excluding volatile food and energy prices, rose 3.1% for the month of August, inline with expectations and holding the same level as July. Month over month was slightly hotter than expected at 0.4%, compared with expectations for 0.3%. On a headline bas ...