The odds of a quarter-point rate increase at the Federal Reserve’s meeting next week surged to 90 percent after August’s Consumer Price Index report.
Business
·
Elevated Inflation Keeps Pressure on Fed to Raise Rates
CN
CitrixNews Staff
Originally reported by New York Times. Read the full story at the original source.
Related Articles
Business
Court Strikes Down Trump Order to Keep an Aging Coal-Burning Plant Running
The aging Michigan power plant was set to retire. Then the Trump administration intervened in a way that overstepped its...
CitrixNews Staff
·
26 minutes ago
Business
Diesel Jumps Above $6 a Gallon, Adding to Inflation Pressure
The price of U.S. diesel fuel hit to a new high over mounting fears that fighting in the Middle East could further threa...
CitrixNews Staff
·
1 hour ago
Business
North Sea gasfield decision likely delayed until after Holborn and St Pancras byelection
Greens accuse Labour of hiding position to avoid criticism before contest, in which Zack Polanski is standingA decision ...
CitrixNews Staff
·
2 hours ago
Business
Ryanair boss O'Leary defends 'high-fare rapists' airlines remarks
Image source, Getty ImagesByKaty Austin, Transport correspondent and Mitchell Labiak, Business reporterPublished21 minut...
CitrixNews Staff
·
2 hours ago