CBSCBS News·45wBusiness
score-0.35
Fed Poised to Act on Rates as August CPI Data Shows Inflation Holding Near 2.9% Target Range
Original
CPI rose at a rate of 2.9% in August as U.S. inflation ticked higher
“Factual reporting of economic data with mild concern signaling via 'ticked higher,' but lacks alarmist language or catastrophizing framing.”