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Consumer prices rose at annual rate of 2.9% in August, as weekly jobless claims jump
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Consumer prices rose at annual rate of 2.9% in August, as weekly jobless claims jump

1 min read

The consumer price index was expected to increase 0.3% in August, according to the Dow Jones consensus estimate.

Joe Raedle | Getty Images Prices consumers pay for a variety of goods and services moved higher than expected in August while jobless claims accelerated, providing challenging economic signals for the Federal Reserve before its meeting next week. The... [2104 chars]

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Source: CNBC

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