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TechFlow news — "Fed whisperer" Nick Timiraos said economists providing detailed inflation forecasts expect August's CPI to be as relatively mild as July's.
The median forecast shows core CPI rising 0.21% month-over-month, keeping the 12-month inflation rate at 3.2%. Overall CPI is expected to slow to 2.5%.
"Fed Whisperer" Nick Timiraos: Economists offering detailed inflation forecasts expect August's CPI to be as relatively mild as July's. The median forecast shows core CPI rising 0.21% month-over-month, keeping the 12-month inflation rate at 3.2%. Overall CPI is expected to slow to 2.5%.
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