August CPI rose 0.4% month-over-month with core inflation at 0.3%, beating consensus and complicating the Fed's rate decision ahead of next

Analysts expect US core CPI to fall to 2.3%-2.4% year-over-year in August, down from July's 2.5%, ahead of the September FOMC meeting.

The August CPI report releases today with economists expecting a 0.4% monthly gain as rate hike odds hit 70% ahead of the Fed's September