14th September 2023

  • US Consumer Prices Jump, Straining Household Budgets Even More

CPI rose 0.6% in August, most since inflation peaked in 2022

Americans saw higher prices for gas, car insurance, medication

https://blinks.bloomberg.com/news/stories/S0XG6CDWLU68

  • Fed on Alert for One More Hike After ‘Disappointing’ Inflation

Central bank has signaled a pause, but may raise rates later

Services prices, watched closely at Fed, posted sharper rise

https://blinks.bloomberg.com/news/stories/S0XD7CDWRGG0

  • Summers Warns Soft Landing Chances Only 1-in-3, Stocks at Risk

Former Treasury chief sees risk of more than one more Fed hike

Summers says stocks now ‘may be priced a bit for perfection’

https://blinks.bloomberg.com/news/stories/S0XQZ2DWRGG0

  • Trudeau Says Canada Home Prices Have Climbed ‘Far Too High’

PM faces increasing pressure to act on affordability

Agency sees need to build 3.5 million more homes by 2030

https://blinks.bloomberg.com/news/stories/S0XX29DWRGG0

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