The consumer price index rose 0.4% in August and 3.4% year-over-year, matching forecasts but keeping inflation well above the Fed's 2% target

Traders fully price in a Fed rate hike by October 2026 after August PPI data shows 5.4% annual inflation, well above the central bank's 2%

US consumer inflation came in unchanged at 3.4 percent in August, government data showed Friday, with persistent high prices raising expectations that the Federal Reserve will…

In August, consumer prices in the U.S. surged, mainly due to increasing gasoline prices. This trend elevates the likelihood of an interest rate hike by the Federal Reserve, with…

Markets are now betting on a 90% chance of a rate hike at Wednesday's Fed policy meeting.