August's Inflation Data Holds Key Implications: Experts Explain Fed Moves
August's inflation data will impact markets and the next Fed rate hike. Experts told Insider what to watch and what could come next for stocks.
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August's inflation data will impact markets and the next Fed rate hike. Experts told Insider what to watch and what could come next for stocks.
"A 100 basis point move is again within the realm of possibility," said economist Peter Earle, referring to the upcoming Fed meeting next week.
The euro just slipped below the dollar for the second time this year. A top strategist explained how policy and politics are moving the currencies.
The latest batch of retail earnings point to a resilient consumer in these high-inflation times, analysts say.
US economic output slumped 0.9% in the second quarter after a 1.6% contraction in the first quarter, adding fuel to recession concerns.