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CPI shows biggest increase in U.S. inflation in 14 months

Por: MarketWatch Politics September 13, 2023

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That was a tick above Wall Street expectations, however, and cast a negative tone over financial markets. The core rate has increased a slower 0.2% in the prior two months. The yearly rate of inflation moved up to 3.7% last month from 3.2% in July and a 27-month low of 3% in June. The annual rate of core inflation, for its part, decelerated to 4.3% from 4.7% and touched the lowest level in 22 months. The Federal Reserve views the core rate as a... + full article



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