US StockDetailed Quotes

Provided by Tiger Trade Technology Pte. Ltd.

Franklin Universal

7.53

-0.0200-0.26%

Post-market: 7.530.00000.00%19:30 EDT

Volume:47.37K

Turnover:356.82K

Market Cap:189.24M

PE:5.79

High:7.58

Open:7.53

Low:7.51

Close:7.55

52wk High:8.35

52wk Low:7.51

Shares:25.13M

Float Shares:25.13M

Volume Ratio:0.88

T/O Rate:0.19%

Dividend:0.51

Dividend Rate:6.77%

EPS(TTM):1.30

EPS(LYR):0.7649

ROE:9.18%

ROA:2.94%

PB:0.89

PE(LYR):9.84

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Banco de Chile on September 3, 2026 reported to Chile’s Financial Market Commissio...","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/company-announcements/banco-de-chile-places-uf-denominated-serie-ft-bonds-in-local-market?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/company-announcements/banco-de-chile-places-uf-denominated-serie-ft-bonds-in-local-market?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["FT"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2664680432","title":"Materials up as Waller Comments Weigh on U.S. Dollar - Materials Roundup","url":"https://stock-news.laohu8.com/highlight/detail?id=2664680432","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2664680432?lang=en_us&edition=fundamental","pubTime":"2026-09-04 04:53","pubTimestamp":1788468780,"startTime":"0","endTime":"0","summary":"Producers of metals, grains and other raw materials rallied as comments from Federal Reserve governor Christopher Waller weighed on the U.S. dollar.Waller hinted that he would support a hold in interest rates at the Fed's midSeptember meeting, pending a confirmation of disinflation trends in August inflation data.Gold futures rose by 2.9%, approaching the $4500-per-ounce level.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["UUP","IBGM","BAMA","PLGI","US30Y.BOND","FT","US2Y.BOND","DFUV","RJZ","CGDV","CLIX","US7Y.BOND","US12M.BOND","UDN","US6M.BOND","CAOS","RULE","US10Y.BOND","US3Y.BOND","WLDR","HIDV","VTV","EQRR","FITZ","OCTU","UYM","US5Y.BOND"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2664980161","title":"Global Commodities Roundup: Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2664980161","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2664980161?lang=en_us&edition=fundamental","pubTime":"2026-09-04 04:15","pubTimestamp":1788466500,"startTime":"0","endTime":"0","summary":"The latest Market Talks covering Commodities. Published exclusively on Dow Jones Newswires throughout the day.1521 ET - U.S. natural gas futures fall despite a weekly inventory build that came in belo","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["CDC","CGVV","IUS","VTV","PXJ","CGDV","FTXN","WTIU","BK4588","EQRR","IMCG","SAMT","SDOG","FLXI","FAAR","DRIP","BAMA","PLGI","TAGS","PXE","IEO","ILCV","DBE","KLCD","BK4585","USE","DIVZ","DUG","DBC","DRLL","FT","RULE","XES","HIDV","GUNR","LCG","DIG","MDLV","VDE","RJA","BK4570","AGGZ","XOP","FLV","ERX","GUSH","IXC","SPCT","ESLV"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2665416355","title":"Why This Top T. Rowe Bond Manager Thinks Yields Can Keep Going Higher","url":"https://stock-news.laohu8.com/highlight/detail?id=2665416355","media":"Morning Star","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2665416355?lang=en_us&edition=fundamental","pubTime":"2026-09-04 00:00","pubTimestamp":1788451200,"startTime":"0","endTime":"0","summary":"How do the Fed and the Treasury respond?Orchard: I don’t have a view on the bond repurchase plan, and I have serious questions about its impact. It’s small compared with the total amount of debt they’re issuing. If the Fed really wants to get long-end bond yields down, they need to hike interest rates to slow down the economy and anchor inflation expectations. The ball is firmly in the court of the Fed and central banks. Most central banks face the same issue. We’ll see if they deliver this month. I think the Fed will hike 25-50 basis points over the next few meetings, probably enough to calm the market situation but not enough to get inflation firmly back to target. I don’t think central banks have the courage to tackle inflation. They would have to risk a recession, allow unemployment to go up. It would make them deeply unpopular.Norton: Why do you think this wave of selling is nearly over?","market":"us","thumbnail":"https://media.morningstar.com/resizer/v2/TJWJS7R2MFHHNMU7BGS22LTVBU.png?auth=d62b2d1186f72ef7e173123888cf22c1da1a5a8b0c360f3b6d58bb01d38c3cfa&quality=80&height=2400&width=2400&crop=525,0:1350,1350","type":0,"news_type":0,"thumbnails":["https://media.morningstar.com/resizer/v2/TJWJS7R2MFHHNMU7BGS22LTVBU.png?auth=d62b2d1186f72ef7e173123888cf22c1da1a5a8b0c360f3b6d58bb01d38c3cfa&quality=80&height=2400&width=2400&crop=525,0:1350,1350"],"rights":{"source":"morningstar_fund_highlight","url":"https://www.morningstar.com/markets/why-this-top-t-rowe-bond-manager-thinks-yields-can-keep-going-higher","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.morningstar.com/markets/why-this-top-t-rowe-bond-manager-thinks-yields-can-keep-going-higher","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"morningstar_fund_highlight","symbols":["ILCV","FLXI","ADPV","CGUI","IMCG","AGGZ","IUS","DIVZ","BKDV","MDLV","CGDV","SAMT","SPCT","DFUV","BAMA","CLIX","MODL","TEQI","BSR","TCTL","FLV","PLGI","FXD","FITZ","VTV","MAPP","ESLV","RHTX","PRVS","REGL","RMIF","XOEX","VOTE","CDC","JPIE","VXZ","EES","FT","ARP","EQRR","DECU","REMC","CGUS","SDOG","LGH","LCG","RULE","BNDW","PSC","HIDV"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2664879066","title":"Inflation-Linked Bonds Look Attractive Given Elevated Inflation Outlook","url":"https://stock-news.laohu8.com/highlight/detail?id=2664879066","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2664879066?lang=en_us&edition=fundamental","pubTime":"2026-09-03 19:37","pubTimestamp":1788435420,"startTime":"0","endTime":"0","summary":"1137 GMT - Investors need inflation protection considering the anticipated increase in government spending in developed economies, which could push up inflation, Insight Investment's Jessica Shuman says in a note. Inflation-linked bonds have favorable pricing which makes the assets attractive, she says. \"While inflation has recently eased in many regions, the underlying fiscal backdrop argues, in our view, for a higher inflation premium over time.\"","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["ILCV","IMCG","VOTE","FLV","RMIF","SDOG","VXZ","CGVV","CDC","DECU","CGUI","FXD","LCO","PRVS","PSC","DFUV","BKDV","IUS","FLXI","RHTX","EES","FITZ","BSR","PLGI","ADPV","ARP","REGL","SAMT","MDLV","REMC","AGGZ","CLIX","TCTL","HIDV","TEQI","VTV","EQRR","CGDV","CGUS","MODL","SPCT","ESLV","LGH","FT","BAMA","LCG","MAPP","XOEX","RULE","DIVZ"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2664871839","title":"Global Energy Roundup: Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2664871839","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2664871839?lang=en_us&edition=fundamental","pubTime":"2026-09-03 19:37","pubTimestamp":1788435420,"startTime":"0","endTime":"0","summary":"The latest Market Talks covering Energy markets. Published exclusively on Dow Jones Newswires throughout the day.1137 GMT - European natural-gas prices are forecast to end this year at 80 euros per me","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["DRIP","IMCG","DIVZ","PXE","USO","DBO","OILT","UCO","DUG","VDE","USL","BWET","DFUV","XOP","OILK","FTXN","DIG","DRLL","ERX","DBE","HIDV","PLGI","USOI","FT","OIH","RULE","CLIX","EQRR","DECU","GUSH","IXC","BAMA","OILU","USE","MAPP","XLE","WTIU","SCO","DBC","IEO","XES","VTV","PMDE","VOTE","CGDV","UGA","FBZ","BNO","FITZ","PXJ"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2664876235","title":"Gulf Inflation Remains Contained, but Conflict Poses Renewed Price Risk","url":"https://stock-news.laohu8.com/highlight/detail?id=2664876235","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2664876235?lang=en_us&edition=fundamental","pubTime":"2026-09-03 18:59","pubTimestamp":1788433140,"startTime":"0","endTime":"0","summary":"1059 GMT - Gulf inflation has remained relatively subdued despite sharp energy-price volatility, but renewed U.S.-Iran hostilities risk driving price pressures higher, Kamco Invest says. Continued conflict is likely to keep oil prices elevated and add to inflation through higher energy, shipping and supply costs, potentially leading to higher interest rates and slower economic growth, Kamco says. Saudi inflation was 1.8% on year in July and Qatar's was 2.2% in June, while Dubai inflation stood at 5.3% in July, reflecting stronger transport, food and housing costs.","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["PRVS","BAMA","RHTX","DECU","CDC","BSR","ILCV","TCTL","CGDV","LCO","SAMT","ADPV","LCG","EES","CGVV","REMC","VXZ","FITZ","PLGI","CGUI","EQRR","LGH","MDLV","AGGZ","VTV","FLXI","REGL","DIVZ","HIDV","MAPP","DFUV","IUS","MODL","FLV","PSC","ESLV","FXD","CLIX","VOTE","RMIF","XOEX","IMCG","BKDV","ARP","SPCT","FT","SDOG","RULE","CGUS","TEQI"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2664080955","title":"It’s time to get bullish on gold again, says SocGen","url":"https://stock-news.laohu8.com/highlight/detail?id=2664080955","media":"Kitco","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2664080955?lang=en_us&edition=fundamental","pubTime":"2026-09-03 18:52","pubTimestamp":1788432720,"startTime":"0","endTime":"0","summary":"Symbol=USDHowever, despite those traditional headwinds, gold remains well above its mid-2025 levels.“In our view, it would take a materially larger inflation shock and a much more aggressive Fed response to generate another significant repricing in rates,” the analysts said. “With much of the hawkish adjustment already reflected in financial markets, the downside risk for gold appears increasingly limited.”Société Générale’s renewed bullish outlook comes as gold attempts to recover from the sharp correction that dominated trading through the spring and early summer. Expectations that the Federal Reserve could be forced to raise interest rates again have remained one of the biggest obstacles for the precious metal.Those expectations intensified following Federal Reserve Chair Kevin Warsh’s hawkish comments at the central bank’s annual symposium in Jackson Hole last week. Warsh reiterated","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"kitco_highlight","url":"https://www.kitco.com/news/article/2026-09-03/its-time-get-bullish-gold-again-says-socgen","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.kitco.com/news/article/2026-09-03/its-time-get-bullish-gold-again-says-socgen","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"kitco_highlight","symbols":["OUNZ","PPI","1OZmain","GDXJ","GDXY","GDX","02840","USG","BAMA","SHNY","CLIX","GLL","HIDV","PHYS","GLDM","IAUI","SGOL","JULD","CGDV","IAUM","AAAU","DULL","FT","CEF","GDXD","IAU","DUST","FGDL","JNUG","GDXU","JDST","GOLY","SGDM","XME","UGL","DZZ","DGP","RING","GLTR","CAOS","BEGS","EQRR","RULE","GBUG","DBC","UYM","BAR","GOAU","BTGD","PICK"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2664875320","title":"Inflation is a drug and Washington is high on it","url":"https://stock-news.laohu8.com/highlight/detail?id=2664875320","media":"CNN Business","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2664875320?lang=en_us&edition=fundamental","pubTime":"2026-09-03 18:00","pubTimestamp":1788429629,"startTime":"0","endTime":"0","summary":"High prices have turned Americans against the economy, and they’re starting to unleash real consequences for Washington and the financial markets.Historic inflation led voters to oust Democrats from the White House in the 2024 election. Persistent high prices and a return of inflation have given President Donald Trump low approval ratings, and it’s threatening to turn Congress Democratic in November’s midterm elections.So you’d think America’s politicians would do everything in their power to get prices under control. Yet they keep doing the exact opposite.The one thing that seems to unite the left and the right nowadays is populist economics. But those policies that fuel inflation – including massive spending and tariffs – are very hard habits to kick. And on the opposite side of the same coin, the solutions to inflation – spending reductions and higher taxes – are massively unpopular and could hurt the economy in the short run.The Marriner S. Eccles Federal Reserve building in Washin","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"cnn_highlight","url":"https://edition.cnn.com/2026/09/03/business/inflation-bonds-washington","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://edition.cnn.com/2026/09/03/business/inflation-bonds-washington","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"cnn_highlight","symbols":["SAMT","IMCG","DIVZ","REGL","CGUS","LCG","TCTL","MDLV","ARP","LGH","DFUV","FLXI","IUS","VXZ","PRVS","PLGI","HIDV","SPCT","BKDV","XOEX","FT","RULE","CLIX","EQRR","DECU","RMIF","BAMA","EES","ILCV","CGUI","MAPP","MODL","RHTX","FLV","BSR","FXD","VTV","SDOG","WASH","VOTE","CGDV","ESLV","TEQI","AGGZ","CDC","CGVV","REMC","PSC","FITZ","ADPV"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2664873783","title":"North American Morning Briefing: Stock Futures Rise as Bond Selloff Grinds to a Halt","url":"https://stock-news.laohu8.com/highlight/detail?id=2664873783","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2664873783?lang=en_us&edition=fundamental","pubTime":"2026-09-03 17:56","pubTimestamp":1788429360,"startTime":"0","endTime":"0","summary":"Stock futures were up Thursday while oil prices and government bondyields stabilized.Brent crude edged up to $96 a barrel after President Donald Trump told the press in the Oval Office on Wednesday 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Jones","labels":["economic"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2664824033?lang=en_us&edition=fundamental","pubTime":"2026-09-03 15:21","pubTimestamp":1788420060,"startTime":"0","endTime":"0","summary":"Swiss inflation jumped in August, reversing several months of cooling price growth as renewed tensions in the Middle East pushed global energy costs higher.The annual rate of inflation was 0.8%, 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Value?","url":"https://stock-news.laohu8.com/highlight/detail?id=2664820563","media":"TradingKey","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2664820563?lang=en_us&edition=fundamental","pubTime":"2026-09-03 15:10","pubTimestamp":1788419418,"startTime":"0","endTime":"0","summary":"• Swiss August headline inflation accelerated to 0.8%, exceeding expectations.\n• U.S. dollar pulled back as Treasury yields eased before payroll data.\n• USDCHF faced resistance near 0.8130, triggering stop-loss orders and 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Welcome back to the City AM liveblog.The London market was swimming in the red on Wednesday after investors re-assessed their monetary policy expectations following a steep sell-off in the the bond market.Two-year gilt yields, which gauges short term interest rate expectations, have jumped over 4.5 per cent, pushing up borrowing costs and putting the UK’s economic stability under threat.TheBank of Englandhas set interest rates at 3.75 per cent yet a cautious tone in previous Monetary Policy Committee meetings has led analysts to believe it could raise borrowing costs as a result of a prolonged Iran war.City analysts have said that the UK is suffering from higher gilt yields due to the country’s vulnerability to inflation shocks.Stay ahead with our three daily briefings delivering all the key market moves, top business and political stories, and incisive analysis straight to your inbox.","market":"us","thumbnail":"https://www.cityam.com/wp-content/uploads/2024/04/GettyImages-1489147126-1-e1714406552748.jpg?w=824&h=463&crop=1","type":0,"news_type":0,"thumbnails":["https://www.cityam.com/wp-content/uploads/2024/04/GettyImages-1489147126-1-e1714406552748.jpg?w=824&h=463&crop=1"],"rights":{"source":"cityam_highlight","url":"https://www.cityam.com/ftse-100-live-stocks-to-drop-as-interest-rate-hike-fears-hit-city/","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.cityam.com/ftse-100-live-stocks-to-drop-as-interest-rate-hike-fears-hit-city/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"cityam_highlight","symbols":["BK4588","EQRR","PLGI","VTV","FT","BK4211","BK4585","BK4582","FKU","CHCO","HIDV","BAMA","FITZ","CAOS","CLIX","CGDV","DFUV","RULE","FLGB"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2664806340","title":"Gold price jumps as traders weigh yen intervention risk, Fedspeak","url":"https://stock-news.laohu8.com/highlight/detail?id=2664806340","media":"Mining","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2664806340?lang=en_us&edition=fundamental","pubTime":"2026-09-03 10:45","pubTimestamp":1788403500,"startTime":"0","endTime":"0","summary":"Traders are now eyeing Friday’s payrolls report and inflation data due next week, which may…","market":"us","thumbnail":"https://www.mining.com/wp-content/uploads/2026/06/gold-bull-run.jpeg","type":0,"news_type":0,"thumbnails":["https://www.mining.com/wp-content/uploads/2026/06/gold-bull-run.jpeg"],"rights":{"source":"mining_highlight","url":"https://www.mining.com/web/gold-price-jumps-as-traders-weigh-yen-intervention-risk-fedspeak/","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mining.com/web/gold-price-jumps-as-traders-weigh-yen-intervention-risk-fedspeak/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mining_highlight","symbols":["YCL","BAMA","DIVZ","PLGI","EQRR","FT","VTV","RULE","DBJP","CGDV","FXY","BK4588","HEWJ","CLIX","HIDV","YCS","BK4585","DFUV","GOLY","FITZ"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2664823656","title":"Philippines Consumer Inflation Likely Eased in August, WSJ Poll Shows","url":"https://stock-news.laohu8.com/highlight/detail?id=2664823656","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2664823656?lang=en_us&edition=fundamental","pubTime":"2026-09-03 10:39","pubTimestamp":1788403140,"startTime":"0","endTime":"0","summary":"0239 GMT - Consumer inflation in the Philippines likely eased to 6.0% on year in August from July's 6.2%, according to the median estimate of seven economists polled by The Wall Street Journal. Prices likely softened due to lower retail fuel prices, ING economists say in a note. However, core inflation pressures likely remained elevated, with food inflation continuing to pick up, they add. Bangko Sentral ng Pilipinas has projected inflation to settle between 5.5% and 6.5% for August. The central bank said it will continue to assess the impact of developments in the Middle East and recent weather disturbances on the Philippines' inflation and economic outlook. 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Michael Hubbard, CEO of Solana infrastructure and treasury company SOL Strategies, told crypto.news that the inflation change was premature and had been pushed through before its effects on network participants were fully understood.Hubbard said inflation of about 4% to 4.5% was “not that extreme” and rejected the view that issuance was the main force holding back SOL’s market performance. In his assessment, calling inflation the problem offers an overly simple explanation for the token’s price movements.Hubbard’s company has direct exposure to the issue. 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