Bigger-than-expected CPI gain cements odds of big Fed hike
From left, Marla Scott, Thomas Kelly, Maureen Kelly
The August consumer price index showed price pressures are still historically elevated and widespread.
U.S. consumer prices were resurgent last month, dashing hopes of a nascent slowdown and likely assuring another historically large interest-rate hike from the Federal Reserve.
The consumer price index increased 0.1% from July, after no change in the prior month, Labor Department data showed Tuesd
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