Inflation Nation: August's Price Hikes & Market Moves

Inflation Alert: Are higher prices here to stay? Consumer prices surged in August, hitting a concerning 2.9%, the highest since January, with groceries and gas leading the charge. While shelter costs offer a glimmer of hope, experts point to expiring government policies adding to consumer woes. Wall Street reacts with cautious optimism, anticipating a potential Federal Reserve rate cut. Get the full breakdown on what this means for your wallet. Hosted on Acast. See acast.com/privacy for more information.