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Reaction Roundup: Experts Weigh in on Consumer Inflation Report, Rate Cuts
Understanding the CPI
Fed Is 'All Clear For Launch' On Cutting Rates As Inflation Falls To Lowest Point In Over 3 Years, Economist Says
Latest Consumer Inflation Data Cements Fed Rate Cut Odds at 25 Basis Points
The U.S. CPI rose 2.5% year-on-year in August, and the three major stock index futures collectively declined. | Highlights tonight
1. In August, the CPI in the USA rose by 2.5% year-on-year, falling for the 5th consecutive month, with an estimated 2.5%. 2. Trump's media technology group fell more than 14% in pre-market trading. 3. Samsung Electronics is reportedly planning to cut overseas staff in some departments by as much as 30%.
Here's the Breakdown for August CPI, in One Chart
StocksInvestorMoo : baidu for long term
bananarama : sell. overhyped
seedthesky : tech is fomo right now. stay away.
jean yang StocksInvestorMoo : Do you think Baidu is right to watch
for a long time?