US Bureau of Labor Statistics set to release August CPI report
The August consumer price index report is scheduled for release at 8:30 a.m. on Friday, with no figures or forecasts yet provided.
The US Bureau of Labor Statistics is scheduled to release the August consumer price index report at 8:30 a.m. on Friday.
CNBC has described the report as unusually important, although the supplied material does not include the August inflation figures, economists’ forecasts or the previous CPI reading.
The release comes against a market backdrop of elevated oil prices and Treasury yields. Brent crude has reached US$100 a barrel, while the two-year Treasury yield reached 4.42% and the 10-year yield was around 4.8%.
The supplied context does not confirm a Federal Reserve rate rise. It also does not specify the time zone for the scheduled release or detail how markets are expected to respond.
