Core CPI climbed 0.3% in August, outpacing forecasts and hinting at a potential Fed rate increase
In August, the core component of the Consumer Price Index (CPI) rose by 0.3 percent, a figure that exceeded most economists’ expectations and reignited speculation about the Federal Reserve’s next move on interest rates. Core CPI, which strips out the volatile food and energy categories, is widely regarded as a more reliable gauge of underlying inflation trends. When that metric climbs faster tha…
Sept. 11, 2026, 12:32 p.m.