#USJulyCPI&PPIDueThisWeek the Post with hashtag #USJulyCPI&PPIDueThisWeek:
US inflation data is taking center stage this week, with July CPI released Wednesday and PPI due Thursday. The latest CPI showed consumer prices rising 0.1% month over month and 3.4% year over year, while core CPI rose 0.2% monthly and 2.5% annually.
The PPI report, scheduled for August 13 at 8:30 a.m. ET, will offer another read on wholesale price pressures. Markets are watching both reports closely for clues on the Federal Reserve’s rate path, especially after energy prices remained volatile and inflation stayed above the Fed’s 2% goal. Markets will parse the details for clues on Fed policy.e
US inflation data is taking center stage this week, with July CPI released Wednesday and PPI due Thursday. The latest CPI showed consumer prices rising 0.1% month over month and 3.4% year over year, while core CPI rose 0.2% monthly and 2.5% annually.
The PPI report, scheduled for August 13 at 8:30 a.m. ET, will offer another read on wholesale price pressures. Markets are watching both reports closely for clues on the Federal Reserve’s rate path, especially after energy prices remained volatile and inflation stayed above the Fed’s 2% goal. Markets will parse the details for clues on Fed policy.e