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Inflation likely to keep fed cautious on pace of rate cuts the central bank is likely to lower borrowing costs at its meeting next week amid budding concerns about the labor market. August’s cpi showed sticky inflation, keeping pressure on the fed as it readies its first rate cut. Economists are expecting consumer prices to rise to a 2.9 percent annual increase in the monthly consumer price index (cpi) reading thursday, up from 2.7 in july

Despite the rise, markets are also… The federal reserve next meets sept Wholesale prices show surprise august number that could curb stubborn inflation trend.

Inflation remains elevated, but a september fed cut looks likely a deteriorating labor market has changed the calculus for interest rates.

Inflation rose last month as the price of gas, groceries, and airfares jumped, while a measure of layoffs also increased, putting the federal reserve in a tough spot as it prepares to cut rates at. Inflation picked up moderately in august, with prices up 2.9% from a year earlier

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