top of page

What's Rising in Markets With Persistent Inflation

Writer's picture: Capitol TimesCapitol Times



Inflation data released by the Consumer Price Index (CPI) shocked the markets, sending the leading benchmark indices into a downward spiral.


According to the Bureau of Labor Statistics, the annual inflation rate fell from 8.5 percent in July to 8.3 percent in August. A rate of 8.1 percent was expected by the market.


Americans are seeing price reductions at the gas pump, but not in other areas, including grocery stores, according to recent data released by the Bureau of Labor Statistics (BLS). There has been an overall increase across the board apart from the energy index.


It was the highest level since March in August for the core inflation rate, which excludes volatile food and energy indexes.


The Federal Reserve is almost certain to raise the federal funds rate by at least 75 basis points at its policy meeting next week due to the hotter-than-expected increase in core inflation, according to economists, which means that large rate hikes will probably have to continue until the year's end.


Households in the U.S. continue to feel the effects of inflation. The latest inflation report shows the following changes:



17 September 2022

Comments


Contact us

Letter to Editor-In-Chief
Editor@capitoltimesmedia.com

For Advertising in
Capitol Times Magazine:

ads@capitoltimesmedia.com

Capitol Times magazine Issue 5
Capitol times magazine 9
Capitol times magazine 10

Join our mailing list

FOLLOW US

  • X
  • Facebook
  • Twitter
  • LinkedIn
  • YouTube

Disclaimer:

The views and opinions expressed in the articles or Interviews published in this magazine are solely those of the respective authors and do not necessarily reflect the official policy or position of the Capitol Times magazine or Capitol Times Media , its editors, or its staff. The authors are solely responsible for the content of their articles. The magazine strives to provide a platform for diverse voices and opinions, and we value the principle of free expression. The magazine assumes no responsibility or liability for any errors or omissions in the content of the articles. In no event shall the Capitol Times magazine or Capitol Times Media be liable for any special, direct, indirect, or incidental damages. Furthermore, the inclusion of advertisements or sponsored content in Capitol Times magazine does not constitute an endorsement or guarantee of the products, services, or views promoted by the advertisers. Readers are encouraged to conduct their own research and exercise caution when making decisions based on advertisements or sponsored content featured in this publication.

Thank you for reading and engaging with our publication. Your feedback is valuable to us as we continue to provide a platform for thought-provoking content and diverse perspectives.

© 2024 by Capitol Times Media LLC - Privacy Policy

bottom of page