U.S. August CPI accelerates as rate-hike expectations rise rapidly
U.S. consumer prices accelerated in August as gasoline costs rebounded after two monthly declines, reinforcing market expectations that the Federal Reserve could raise rates next week. The U.S. Bureau of Labor Statistics said Friday that CPI rose 0.4% month over month after a modest 0.1% increase in July. Consumer inf…
Price at publishQQQ 714.09 / +0.76%SPY 762.95 / +0.68%Market reaction
1m5m15m30m60mBefore QQQ0.03%0.18%0.05%0.16%0.15%After QQQ0.06%0.02%0.25%0.38%0.18%Before SPY0.02%0.12%0.02%0.10%0.12%After SPY0.02%0.01%0.25%0.36%0.38%