MARKET ANALYSIS: JULY CPI BARELY REACHED THE FED ' S TROOP-FREE THRESHOLD IN SEPTEMBER

According to information from 12 August, Bill Adams, the chief American economist of the Fiji Third Commercial Bank, said: “The July CPI report barely reached a threshold sufficient to push the Fed to maintain interest rates at its next meeting in September. Federal Reserve policymakers had already released signals in July that core inflation would have to improve between now and the September meeting if interest rates were to be avoided.” Kim Xian