Rupkey on Industrial Production, CPI, Fed Policy
Aug. 15 (Bloomberg) -- Chris Rupkey, chief financial eonomist at Bank of Tokyo-Mitsubishi UFJ, talks about Federal Reserve monetary policy and today's reports on U.S. industrial production and consumer prices in July.
Industrial production rose 0.6 percent, Fed data showed in Washington. The consumer price index was unchanged, Labor Department figures showed. The so-called core measure, which excludes more volatile food and energy costs, rose 0.1 percent. (Source: Bloomberg)