US core inflation rose more than expected in August, increasing pressure on the Federal Reserve to raise interest rates amid ongoing economic and geopolitical challenges. Read more at straitstimes.com. Read more at straitstimes.com.

US core producer prices rose less than expected in August, complicating the Federal Reserve's rate decision ahead of the September 15-16 FOMC

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…