August Core CPI Climbs Unexpectedly by 0.3%, Heightening Prospects of a Federal Reserve Rate Increase
In August, the United States’ core Consumer Price Index (CPI) posted a 0.3 percent rise, surpassing most analysts’ expectations and reigniting debate over the Federal Reserve’s next monetary‑policy move. The core CPI, which strips out the volatile food and energy components, is closely watched by policymakers because it offers a clearer view of underlying price pressures. When the index climbs fa…
Sept. 11, 2026, 12:32 p.m.