Headline CPI Expected to Have Spiked Higher in August, but Core Rate Seen Slowing

CoinDesk reported:

Should it come to pass, tomorrow’s decline in core CPI will be welcome to policymakers, but even a 4.3% inflation rate is more than double the Fed’s 2% target. And central bankers will have a hard time claiming victory over inflation when consumers are watching prices at the pump advance with each fill-up.

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