Core CPI climbed 0.3% in August, outpacing forecasts and paving the way for a possible Fed rate hike
In August, the core component of the United States Consumer Price Index (CPI) rose by 0.3 percent, a gain that exceeded economists’ expectations and reignited discussion about the Federal Reserve’s next move on interest rates. Core CPI, which strips out the volatile food and energy categories, is closely watched by policymakers because it provides a clearer picture of underlying inflation trends.…
Sept. 11, 2026, 12:32 p.m.