A giant bounce in gasoline costs drove a second consecutive month of improve in US client costs. Headline CPI jumped 0.6% in August, accelerating from July’s 0.2% improve. With these bumps occurring after 12 consecutive declines in annual inflation, the unpredictable nature of the Fed’s activity in taming costs was starkly obvious. How will the info affect the Fed’s subsequent charge resolution on Sept. 20? Introduced by @cmegroup: https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insights
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