The 12-month rate of inflation as of August 2026 is 3.4%, according to the Bureau of Labor Statistics (BLS). Energy inflation spiked to 16.9% as the status of the Strait of Hormuz remains uncertain.
U.S. inflation held at 3.4% in August, keeping pressure on the Federal Reserve as officials consider hiking its interest rate.
Inflation remained stubbornly elevated in August as a war-driven energy shock continued to ripple through the US economy and Americans’ pocketbooks.
A Fed president who spent last year demanding tougher rate policy now describes current rates as accommodative, even as inflation drifts higher and AI-driven energy demand adds a force the Fed has no ...
U.S. inflation showed little improvement in August, running at a 3.4 percent annual rate. Investors believe the Federal Reserve is very likely to raise rates at its meeting next week. Note: Data is ...
Recent elevated inflation readings are "much more likely to be transitory this time" compared to the post-pandemic surge, according to Stephen Miran, Hudson Bay Capital senior strategist. The former ...
Recent elevated inflation readings are "much more likely to be transitory this time" compared to the post-pandemic surge, according to Stephen Miran, Hudson Bay Capital senior strategist. The former ...
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