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 Investor Confidence Shifts: A Closer Look at the 'No Landing' Economic Forecast READ MORE Oil Prices Stagnate as Demand Worries Mount READ MORE US Labor Market Shows Signs of Cooling as Hiring Pace Moderates READ MORE Pulling Gold out of E-Waste Suddenly Becomes Super-Profitable READ MORE Crude Falls as Israel-Hamas Ceasefire Talks Progress READ MORE Add a Comment Cancel replyYour email address will not be published.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