https://www.live-feeds.com/feed/stubbornly-hot-inflation-raises-pressure-on-the-fedContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/stubbornly-hot-inflation-raises-pressure-on-the-fedhttps://www.live-feeds.com/feed/stubbornly-hot-inflation-raises-pressure-on-the-fed#u67720Mon, 14 Sep 2026 10:01:12 +0000US consumer inflation accelerated in August and core consumer price index figures exceeded forecasts, driving up pressure on the Federal Reserve. Markets currently price the probability of a quarter-point interest rate increase this week at roughly 85 percent. Higher gas costs driven by the war in Iran have contributed to the recent price pressures. Analysts note that the central bank faces a difficult environment because monetary policy cannot directly control global oil supplies. The hotter-than-expected inflation reports strengthen the argument for additional monetary tightening as official