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 Japan's Central Bank Eases Rate Hike Concerns After Market Turmoil READ MORE How US Election Outcomes Could Boost Precious Metal Prices READ MORE BREAKING: Silver Trades Above $30/oz First Time In Over a Decade READ MORE WSJ: Interest Rates Are a Distraction; Fed's Asset Holdings Hold Real Power READ MORE "Quietest All-Time High For Gold Ever…But Get Ready" – Mike Maloney READ MORE Add a Comment Cancel replyYour email address will not be published.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