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What To Expect From Friday’s Inflation Report
A convenience store at a Buc-ee’s gas station in Robertsdale, Alabama, on Thursday, Sept. 3.Credit: Micah Green / Bloomberg via Getty ImagesKey TakeawaysThe Consumer Price Index is expected to rise 3.4% over 12 months, with core prices increasing 2.4% according to forecasts.Rising fuel prices have pushed up the overall inflation rate, while relatively low housing inflation is keeping “core” inflation running cooler.Higher-than-expected inflation could cement expectations that the Fed will raise interest rates at its meeting next week.A highly anticipated and consequential report on the…
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