Inflation Outlook: Understanding PPI and CPI Reports
Monday, 12 August 2024, 19:17
Current Inflation Trends
The rate of inflation probably rose a bit faster in July than in June; however, this growth remains manageable. This trend suggests a clear slowdown in overall price increases.
Federal Reserve Outlook
The Federal Reserve is likely to remain on track to cut interest rates next month, reflecting a commitment to fostering economic growth.
- Inflation increase observed in July
- No immediate alarm bells
- Continued Federal Reserve intervention
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.