A recent inflation report has been released, and its findings have had a notable impact. The report came in largely in line with expectations.
Wall Street reacted positively to the news, with a rally occurring after the report's release.
Further details about the report and its effects are available from Seeking Alpha, which has provided coverage of the event and its impact on Wall Street.
The Federal Reserve appears increasingly likely to hike interest rates next week, as inflation remains stubbornly elevated amid the war with Iran. New data out Friday showed annual inflation remained unchanged in August, still well above the central bank’s target 2 percent rate. ...
