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Core CPI rose a faster-than-forecast 0.3% in August, setting up possible Fed rate hike

Core CPI rose a faster-than-forecast 0.3% in August, setting up possible Fed rate hike
Image: CoinDesk

Summary

The August CPI report had taken on outsized importance after Fed Chair Kevin Warsh two weeks ago suggested the central bank may have to act if inflation doesn't soon slow.

Source & full coverage: this summary is aggregated from CoinDesk, the original publisher. Read the complete report for full context, data and quotes.

Read the original report at CoinDesk →