US August Consumer Price Index Tops Forecasts
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Business
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University
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Practice Problem
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the year-over-year rate for the headline number in August?
8.1%
8.3%
6.1%
6.3%
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How much did the core inflation rate rise in August?
0.3%
0.6%
0.1%
1.0%
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which category saw a significant decrease in prices, contributing to inflation changes?
Shelter
Gasoline
New cars
Food
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the year-over-year increase in shelter costs?
5.9%
6.2%
7.0%
8.3%
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the expected action by the Federal Reserve in response to the current inflation trends?
A 75 basis point move
No change in policy
A 25 basis point move
A 50 basis point move
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