US Consumer Inflation Rises in August
U.S. consumer prices accelerated in August with a 3.4% annual increase, driven by rebounding gasoline costs and record-high diesel prices. Markets anticipate a Federal Reserve interest rate hike follo
U.S. consumer prices accelerated in August with a 3.4% annual increase, driven by rebounding gasoline costs and record-high diesel prices. Markets anticipate a Federal Reserve interest rate hike follo
The Federal Reserve's Beige Book reports modest economic growth and moderate price increases, highlighting elevated input costs for energy, metals, and petrochemicals. Policymakers will consider these
The Federal Reserve's latest Beige Book indicates slight economic expansion and slowing inflation, partly driven by lower fuel prices, though geopolitical risks remain.
US Gulf Coast refining and petrochemical profits hit 2022 highs per the Federal Reserve's Beige Book, driven by Middle East conflicts tightening global fuel supplies. Export demand has significantly b