August CPI inflation falls to 2.5%, in-line with expectations of 2.5%.

*US AUG. CONSUMER PRICES RISE 0.2% M/M; EST. +0.2% *US AUG. CORE CPI RISES 0.3% M/M; EST. +0.2%

This marks the lowest annual inflation rate since March 2021.

The first rate cut since 2020 is coming next week.

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