MUFG warns hot CPI could derail Sept Fed cut. Dollar jumps, sparking leak speculation.
MUFG says the biggest obstacle to an interest rate cut at the Federal Reserve’s September meeting would be a sharper-than-expected rebound in US inflation over the summer. Investors will be watching this week’s July CPI and PPI releases for signs that higher tariffs are filtering through to prices. The bank cautions that a significant upside … Read more