US Inflation Rises Month-Over-Month, Reducing Annual Rate To 8.3%

US Inflation

August U.S. inflation rises 0.1% month-over-month, causing the annual rate to ease to 8.3%, from 8.5% in July.

After the CPI reports, U.S. Treasury yields continued speculation that the Fed will stick to its aggressive hiking plans and keep monetary policy restrictive for longer than expected or at least until inflation shows compelling signs of easing.

The move in bond rates caused the U.S Dollar (DXY) to rally as traders bet yield differentials will continue to be a headwind in the future.

Financial conditions might start tightening again after easing in recent days in the wake of the huge stock market rally. This situation will fuel volatility, creating a negative bias for U.S. equities.

Inflationary pressures in the United States did not cool, showing that the Federal Reserve has more work to do to restore price stability and bring lasting relief to U.S. households, whose budgets have been squeezed by the cost-of-living spike that has taken place for much of the first half of the year.

This Post Has 7 Comments

  1. chenchen123

    探索經典魅力:Adidas Samba 與 Samba OG 的不朽傳奇 adidas samba推薦

  2. Phone Tracker Free

    Now that many people are using smart phones, we can consider mobile phone positioning through wireless networks or base stations.

  3. najlepszy sklep

    Wow, awesome weblog structure! How long have you ever been running a blog for?

    you make running a blog look easy. The whole glance
    of your web site is excellent, as neatly as the content!
    You can see similar here e-commerce

Leave a Reply

Contact Us

Disclaimer

Forex, Crypto, Options, and Binary Options have both large potential rewards and large potential risks. Therefore, before investing or trading any of the assets, ensure you are aware of and willing to accept the accompanying risks. Do not trade money you cannot afford to lose.

All Rights Reserved. None of the content of this website can be published elsewhere by any means without the prior consent of the owner(s). Please, check our terms & conditions and privacy policy before continuing to use this website.

This website and its owner(s) are not in any way liable for any incurred loss, whether caused by the information provided on this website or otherwise. The use of this website, including the content and information provided, is the user’s sole liability.