The US consumer price index for July came in at 8.5%, better than the 8.7% expected last night. This, contradicting an earlier report indicating that the US labour market added 528,000 jobs in July, more than double of a Dow Jones estimate. So what are the reasons behind the discrepancies? What is the state of the US economy right now, and how will the US Federal Reserve move interest rates when officials meet in September?
On Market View, Prime Time's Finance Presenter Chua Tian Tian spoke with Aninda Mitra, Head of Asia Macro & Investment Strategy of BNY Mellon Investment Management for more.
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