Core CPI climbs 0.3% in August, outpacing forecasts and opening the door to a possible Fed rate hike
In August, the core Consumer Price Index (CPI) rose by 0.3 percent, a pace that exceeded economists’ expectations and reignited debate about the Federal Reserve’s next move on interest rates. Core CPI, which excludes the volatile food and energy components, is closely watched by policymakers because it offers a clearer view of underlying inflation trends. The unexpected uptick suggests that price…
Sept. 11, 2026, 12:32 p.m.