✉news BusinessEconomy first seen 6 h ago, last 5 h ago, peak #37
US inflation rises less than expected in August
Original: US inflation rises below expectations in August; consumer spending robust
US inflation rose in August by less than economists had expected, while consumer spending remained strong, according to a Reuters report. The combination of cooling price pressures and resilient household demand will feed debate over whether the Federal Reserve can hold interest rates steady, or may consider cuts, without prices accelerating again.
Why now: Markets and the public are watching inflation data closely for clues about the Federal Reserve's next moves on interest rates.
Rank over time, top of the chart is #1. 3 snapshots from 6 h ago to 5 h ago.
Evidence
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