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inflation fears

Reuters

•

Business

Business & Economics

Futures subdued in lead-up to latest inflation test

Summary

Nutrition label

80% Informative

Consumer price index data is due at 8:30 a.m. ET , with headline inflation estimated to rise 0.3% month-on-month , and remain steady at 2.9% on an annual basis.

Core inflation, which excludes volatile components like food and energy, is expected to rise.

Fed Chair Jerome Powell begins his second day of testimony before Congress shortly after the CPI data is released.

VR Score

Informative language

Neutral language

Article tone

formal

Language

English

Language complexity

Offensive language

not offensive