Market Recovery: CPI Confirms Expectations and Fed Readies Another Move

The American stock markets recovered on Friday, partially regaining ground from recent losses after the release of the Consumer Price Index (CPI) in the United States. According to the Department of Labor, the CPI increased by 0.4% in August compared to July and 3.4% over the past year, keeping inflation at high levels within the American economy. Industries, communication, and technology sectors led gains with significant increases. These figures reinforce the trend of the Federal Reserve (Fed) preparing another monetary tightening in the upcoming meeting, with a high probability of a 0.25 percentage point increase in basic interest rates. The Dow Jones rose by 1.21%, the S&P 500 gained 1.05%, and the Nasdaq added 1.11%. Market recovery was also supported by a decline in oil prices this morning. However, geopolitical uncertainties in the Middle East keep investors on high alert. These data reflect the persistent global inflation, pressuring the world economic scenario and leading financial institutions to adjust their projections for the American economy. The Fed's decision can have significant implications globally, especially in commodity price volatility and currency valuations.