Modest Inflation Increase Won't Derail Fed's Easing Strategy The Federal Reserve is expected to proceed with an interest rate cut in September despite a modest pickup in US inflation for July. Economists anticipate the Consumer Price Index (CPI) to rise 0.2% from June for both headline and core figures, slightly accelerating from the previous month but still maintaining a downward trend in annual metrics. This slight increase is not seen as significant enough to deter the Fed from easing monetary policy, especially given recent signs of a slowing labor market. The July jobs report showed reduced hiring and rising unemployment, contributing to recession concerns. While some categories like core services may see increases, the continued slowdown in shelter costs is expected to help keep overall inflation in check. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Federal Reserve's Critical Year: Balancing Inflation Fight and Interest Rate Cuts READ MORE Bullion Bulls Eye $3,000 as Fed Signals Policy Shift READ MORE Biden Has Forgiven $136 Billion in Student Debt – More Could Be on the Way READ MORE Western Demand Propels Gold ETFs to Fourth Straight Month of Gains READ MORE Fed Chair Powell Stresses Patience on Rate Cuts Amid Inflation Battle READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment