EconomyCore CPI rose a faster-than-forecast 0.3% in August, setting up Fed rate hike
US core consumer prices rose 0.3% in August, faster than forecast, raising the prospect of a Federal Reserve rate hike. The report gained added significance after Fed Chair Kevin Warsh said two weeks earlier that the central bank might need to act if inflation did not soon ease.
Core CPI rose a faster-than-forecast 0.3% in August, setting up Fed rate hike
Economy