U.S. Inflation Expected to Rise in August on Soaring Gasoline Prices

<p>The U.S. Federal Reserve will be on the lookout for signs that broader inflation trends continued to slow down in August—even as energy prices spiked. We expect headline CPI to tick up to 3.6% year-over-year in August, up from 3.2% in July. This increase is almost entirely explained by higher global energy prices. Gasoline prices [&#8230;]</p>
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