Weekly Economic & Financial Commentary: FOMC to Stand Pat, but Keep Door Open to Possibility of Further Hikes

<p>Summary United States: The Best of Summer Gone, and the New Fall Uncertain The Consumer Price Index picked up 0.6% in August—the largest monthly gain since June 2022. The outturn was broadly expected amid the surge in gasoline prices last month. Short-term and long-term consumer inflation expectations declined, suggesting consumers are more convinced that inflation [&#8230;]</p>
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