Coverage dated September 10, 2026 to September 12, 2026
Consumer prices rose 3.4% annually, fueling talk of imminent Fed rate hikes
Headline from WISH-TV Indianapolis, on the newest of 3 developments
(CNN) — Consumer prices rose at a 3.4% annual rate last month, the same pace as July, according to the latest Consumer Price Index from the Bureau of Labor Statistics. That likely strengthens the case for a Federal Reserve rate hike to tame inflation and prevent price increases from becoming more en…
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Inflation, as measured by the producer price index, ticked up six-tenths of a percentage point to 5.4% for the year ending in August, the Bureau of Labor Statistics reported Thursday. Economists have been closely examining inflation reports because of the higher energy prices stemming from the war w…
WASHINGTON (AP) — Wholesale inflation picked up last month after cooling earlier this summer as higher oil and gas prices stemming from the Iran war are keeping costs elevated. The Labor Department’s producer price index — which captures inflation before it reaches consumers — rose 5.
By Elisabeth Buchwald, CNN (CNN) — Inflation at the wholesale level accelerated last month, as the US war with Iran pushed up energy prices. The Producer Price Index, which tracks price changes received by US producers and manufacturers, increased 5.4% in the 12 months that ended in August.
Wholesale inflation picked up last month after cooling earlier this summer as higher oil and gas prices stemming from the Iran war are keeping costs elevated
The dollar rose as strong US producer prices and an oil rally boosted bets on Federal Reserve interest-rate hikes this year, putting more focus on Friday’s inflation report.
WASHINGTON — Wholesale inflation picked up last month after cooling earlier this summer as higher oil and gas prices stemming from the Iran war keep costs elevated.
By Elisabeth Buchwald, CNN (CNN) — Americans have already been feeling the pain at the gas pump as the war with Iran has pushed up prices to record highs for this time of year. But the bigger concern is what happens next.
A key gauge of US consumer prices rose by more than expected last month, bolstering the case for Federal Reserve officials to raise interest rates next week.
Inflation held at a 3.4% rate for the year ending in August, the Bureau of Labor Statistics reported Friday, adding to signs that price pressures may have topped out over the summer. While it has improved in recent months, inflation is still too high for the Federal Reserve, which is expected to rai…
The Labor Department released the consumer price index (CPI) for August which showed that inflation remained well above the Fed's 2% target ahead of its next meeting.
The consumer price index rose 0.4 percent compared with July, driven higher by rising gasoline prices, the Labor Department reported Friday. Over the year, the consumer price index is up 3.4 percent.
Annualized inflation rate was 3.4%, same as July, and core inflation, which omits energy and food prices, was up to 2.4% US consumer prices remained stubbornly high in August as the end of the ceasefire between the US and Iran pushed energy prices up, according to data from the US Bureau of Labor St…
Inflation remained unchanged in August as gas prices continued to rise amid the war with Iran, new data from the Bureau of Labor Statistics (BLS) showed Friday. The consumer price index (CPI) increased 0.4 percent last month and 3.4 percent over the same time last year.
U.S. inflation accelerated last month as gas prices spiked in the wake of renewed fighting in the Middle East, underscoring the affordability challenges that are top of mind for many voters as midterm elections near
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Consumer prices rose 3.4% annually, fueling talk of imminent Fed rate hikes | Since Then
