Core CPI Climbed 0.3% in August, Outpacing Forecasts and Raising Prospects of a Federal Reserve Rate Increase
In August, the core consumer price index (CPI) – which excludes the volatile food and energy components – posted a month‑over‑month increase of 0.3%, a figure that surpassed the consensus forecast of a modest 0.2% rise. This uptick, while seemingly modest in absolute terms, carries considerable weight for policymakers, markets, and households because it signals that underlying inflation pressures…
Sept. 11, 2026, 12:32 p.m.