Saudi Arabia temporarily shut its East-West oil pipeline as a precaution after a drone attack. We separate reported facts from analysis of the possible oil, inflation, rates and safe-haven channels to gold.
An original analysis of the August US CPI release published on September 11: inflation, interest rates, the dollar and the pitfalls of comparing different gold prices.
In August, the Consumer Price Index for All Urban Consumers rose 0.4 percent, seasonally adjusted (SA), and rose 3.4 percent over the last 12 months, not seasonally adjusted (NSA). The index for all items less food and energy rose 0.3 percent in August (SA), up 2.4 percent over the year (NSA).