August Core CPI Climbed Unexpectedly by 0.3%, Heightening Prospects of a Federal Reserve Rate Hike
In early September, the United States released its August Consumer Price Index (CPI) data, and the headline that captured the attention of economists, investors, and policymakers alike was the surprising 0.3 percent increase in the core CPI figure. Core CPI, which excludes the volatile food and energy components, is widely regarded as a more reliable gauge of underlying inflation trends. This mod…
Sept. 11, 2026, 12:32 p.m.