OAN’s&nbsp;<a href="https://www.oann.com/tag/alicia-summers">Alicia Summers</a> 2:50 PM – Tuesday, September 11, 2024
The Consumer Price Index report shows inflation rose 0.2% in August, with prices up 2.5% from a year ago—the lowest yearly increase since early 2021. However, core inflation, excluding food and energy, is up 3.2% over the year and 0.3% in the last month. Analysts are speculating on how this could affect the Fed’s interest rate decision next week. Joining Alicia Summers is Mindy McIntosh, founder &amp; CEO of McIntosh &amp; Associates, to discuss what’s driving these numbers and the potential impact of Kamala Harris’s proposal to tax unrealized capital gains on retirees.
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The Consumer Price Index report shows inflation rose 0.2% in August, with prices up 2.5% from a year ago—the lowest yearly increase since early 2021. {ai:summary}Inflation reports indicate a 0.2% rise for August, with a yearly increase of 2.5%, the lowest since early 2021. Core inflation stands at 3.2% year-over-year, prompting speculation about the Federal Reserve's upcoming interest rate decision.Analysts are particularly focused on Kamala Harris's proposal to tax unrealized capital gains and its potential effects on retirees. #economy

Inflation Slows, Fed's Rate Decision in Focus: Expert Weighs In on Unrealized Capital Gains Tax Impact

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