Nick Timiraos, the "Federal Reserve mouthpiece," predicts that overall inflation will rise by 0.24% as July CPI data is released this week.
3 hours ago
According to Odaily Planet Daily, Nick Timiraos, a vocal advocate for the Federal Reserve, predicts July CPI data will be released this week. Core CPI is expected to rise 0.31%, bringing the annual increase to 3.1% (compared to 2.9% in June and 2.8% in May). Overall inflation is also expected to rise 0.24%, bringing the annual increase to 2.8%. (Jinshi)
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