Latest Insights

Economic data released this week provided the Federal Reserve with key information to digest before their upcoming meeting on September 20th. The August Consumer Price Index (CPI) came in slightly higher than expected, with the headline CPI up 0.6% month-over-month and 3.7% year-over-year, accelerating from 3.2% year-over-year in July.

This week’s inflation data provided encouraging indications of moderating inflation trends. The Consumer Price Index (CPI) witnessed a monthly increase of 0.2% in July, while the annual CPI experienced a slight rise to 3.2% due to an unfavorable year-over-year comparison