Semafor(@semafor):US inflation remained stubbornly hot in August, adding to pressure on the Federal Reserve to hike interest rates next week. The consumer price index rose 3.4% year-over-year, according to the Bureau of Labor Statistics, jumping 0.4% from the month prior.

Semafor

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Semafor@semafor

2026.09.11 23:32

US inflation remained stubbornly hot in August, adding to pressure on the Federal Reserve to hike interest rates next week. The consumer price index rose 3.4% year-over-year, according to the Bureau of Labor Statistics, jumping 0.4% from the month prior.