Eco Week Ahead
Core Inflation Gauges Are Falling in US and Euro Zone
- Powell appearance, Lagarde testimony will draw attention
- Central banks from Hungary to Colombia will set rates
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Policymakers on each side of the Atlantic are likely to take comfort this week from a slowdown taking hold in key underlying measures of consumer-price growth.
In the US, the annual core metric that strips out food and energy from the Federal Reserve’s preferred inflation measure may have fallen below 4% in August for the first time in nearly two years.