EconomyUS inflation holds at 3.4% as monthly price rises hit fastest pace since May
US consumer prices rose 3.4% year on year through August, unchanged from July and matching expectations. But the 0.4% monthly increase was the fastest since May, suggesting the energy shock is beginning to bite four days before a Federal Reserve decision that markets expect will bring a rate hike.
Eeuronews★★★☆☆2026-09-11 13:25Original
US inflation holds at 3.4% as monthly price rises hit fastest pace since May