"Fed's mouthpiece" Nick Timiraos: Economists expect August CPI to be relatively mild, similar to July
ChainCatcher news, "Fed's mouthpiece" Nick Timiraos stated that economists providing detailed inflation forecasts expect the CPI in August to be relatively mild, just like in July.
The median forecast shows that the core CPI will increase by 0.21% month-on-month, which will keep the 12-month inflation rate at 3.2%. The overall CPI is expected to slow down to 2.5%. (Jin Ten)
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