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Inflation stayed hot in August with annual pace of 3.4%, raising the odds of a Fed hike

The report comes at a pivotal moment for the Federal Reserve, which is scheduled to meet next week to decide whether to hike interest rates.

Sources (1)+2 copies· Sep 11, 12:39 PM

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CBS News· Sep 11, 12:39 PMInflation stayed hot in August with annual pace of 3.4%, raising the odds of a Fed hike

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WATCH LIVE: Warsh holds briefing after Fed meeting as interest rates expected to riseThe Federal Reserve is widely expected to lift its short-term interest rate Wednesday for the first time in three years to fight stubbornly high inflation, a move that would put the central bank at odds with President Donald Trump's support for a cut.

PBS News22d agoWhole story →

Economy fed interest rate decision

Trump, Federal Reserve on collision course over interest ratesPresident Donald Trump berated Jerome Powell for years as he sought to pressure the then-Federal Reserve chairman to cut interest rates.

NBC News22d agoWhole story →

Economy fed interest rate decision

US futures climb ahead of Fed interest rate call, retail sales numbersU.S. futures are rising as investors await the Federal Reserve’s decision on interest rates, with high expectations of a hike.

Santa Ana Orange County Register21d agoWhole story →

Economy fed interest rate decision

Fed's Kashkari says inflation is still too high across US economy, in Fox News interviewMinneapolis Federal Reserve President Neel Kashkari said on Sunday that inflation is too high across all sectors of the US economy, not just in rising oil prices.

Reuters17d agoWhole story →

Economy fed interest rate decision

The Fed is fighting the wrong inflation warFederal Reserve interest rate hikes cannot solve energy-driven inflation. They only squeeze working families and small businesses.

Washington Examiner10d agoWhole story →

Economy fed interest rate decision

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