INDICES
US Consumer Prices
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Modest rise in U.S. consumer prices may delay Fed rate hike
EghtesadOnline: U.S. consumer prices rose slightly in July as higher food costs were partly offset by falling prices for a range of other goods, suggesting benign inflation that could persuade a cautious Federal Reserve to delay raising interest rates until December.
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Gold Surges to Highest Since Early June on Tame U.S. Inflation
EghtesadOnline: Gold futures extended gains to a nine-week high after a report showed U.S. consumer prices rose less than expected, weakening the case for the Federal Reserve to raise interest rates.
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Consumer Prices in U.S. Rise at Fastest Pace in Five Months
EghtesadOnline: The cost of living in the U.S. rose at the fastest pace in five months on energy and shelter prices, a sign inflation is getting closer to the Federal Reserve’s goal.
