inflation

U.S. central bank will likely start cutting interest rates next week with traders raising bets for a 25-basis-point cut to 87 percent

The general CPI rose to 231.1 points in August 2024, reflecting a monthly inflation rate of 1.9 percent

Leaders will convene from September 9 to 12 to discuss innovations in capital markets and regulatory developments

Traders expect the inflation data to reflect further disinflation which will support a rate cut by the Fed

The MPC noted that domestic real GDP growth had moderated to 2.2 percent in the first quarter of 2024
