"Federal Reserve Messenger" Nick Timiraos: Economists expect CPI in August to be relatively mild as in July
2024-09-11 11:22:55
Nick Timiraos, the Fed mouthpiece, said economists providing detailed inflation forecasts expected August CPI to be as relatively dovish as July. The median forecast showed a 0.21 per cent month-on-month rise in core CPI, which would keep 12-month inflation at 3.2 per cent. Overall CPI is expected to slow to 2.5 per cent.
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