CPI Report Could Shape Fed’s Next Move | Durham News

Inflation’s latest move is heating up markets as the August CPI looms — economists predict a 0.4% monthly and 3.4% annual jump, just as stocks dip for the fourth day in a row amid rising oil, Treasury yields, and producer prices. Geopolitical tensions and soaring commodities are rattling equities and metals, all while the Fed watches closely — this report could decide whether rates rise or hold steady next week.

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