September Rate Hike Hinges on Today's August CPI Report
The August CPI releases today โ the last major data before the Sept 15-16 Fed meeting, with Goldman and the market reading it very differently.
Mr. Jitendra Bhatt
โMarkets, personal finance, economic trends, and the language of money.
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Mr. Jitendra Bhatt
Deep understading of finance area and writer covering markets, investing, and economic policy.

The August CPI releases today โ the last major data before the Sept 15-16 Fed meeting, with Goldman and the market reading it very differently.
Mr. Jitendra Bhatt
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GameStop posted its best-ever Q2 operating income as collectibles hit 45% of sales and its eBay stake grew to $4.9 billion.
Mr. Jitendra Bhatt
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Oil surged toward $100 after Houthi strikes on Saudi oil facilities, while Canada's new retaliatory tariffs pushed the Dow down 600 points.
Mr. Jitendra Bhatt
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Oil rose to a six-week high after the US destroyed or disabled three Iranian oil tankers in retaliation for missile strikes on Navy warships.
Mr. Jitendra Bhatt
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Trump, Vance, and Bessent all pressured the Fed against a rate hike this week, an unusually broad campaign ten days before the vote.
Mr. Jitendra Bhatt
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Tesla stock fell 6% after its Cybercab launch left key questions unanswered and NHTSA opened a safety certification audit.
Mr. Jitendra Bhatt
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August payrolls beat estimates threefold, pushing September rate-hike odds to 58% and reversing a week of falling Treasury yields.
Mr. Jitendra Bhatt
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Dell posted 58% revenue growth and a record $95 billion AI backlog, raising guidance by $25 billion as demand outruns what it can ship.
Mr. Jitendra Bhatt
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UK 30-year gilt yields hit 5.89% Tuesday, a 28-year high, squeezing Chancellor Healey's budget headroom as a global bond rout deepens.
Mr. Jitendra Bhatt
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Tim Cook ended his 15-year run as Apple CEO Monday, handing the reins to hardware chief John Ternus as the company nears $5 trillion.
Mr. Jitendra Bhatt
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Eli Lilly is buying Merida Biosciences for up to $2.88 billion, its latest bet on turning obesity-drug profits into a broader pipeline.
Mr. Jitendra Bhatt
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Oil rose and Asian stocks slid after the US struck Iranian rocket launchers preparing to mine the Strait of Hormuz, ending a month-long lull.
Mr. Jitendra Bhatt
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