U.S. inflation accelerated last month as gas prices spiked, squeezing Americans' finances — Live Feedhttps://www.live-feeds.com/feed/u-s-inflation-accelerated-last-month-as-gas-prices-spiked-squeezing-americans-financesContinuously updated, source-cited coverage. U.S. Inflation Accelerates as Gas Prices and Core Costs Spikehttps://www.live-feeds.com/feed/u-s-inflation-accelerated-last-month-as-gas-prices-spiked-squeezing-americans-financeshttps://www.live-feeds.com/feed/u-s-inflation-accelerated-last-month-as-gas-prices-spiked-squeezing-americans-finances#u67047Sun, 13 Sep 2026 13:35:15 +0000United States inflation accelerated last month as surging gas prices and climbing core costs squeezed consumer finances. Consumer prices rose 3.4 percent annually in August while core costs climbed, with inflation holding sticky amid rising interest rates and spiking oil prices. The hot inflation report topped forecasts and sent Federal Reserve rate hike odds surging to 90 percent. Economists indicate a September interest rate increase is all but guaranteed following the consumer price index data, leaving the central bank facing persistent price pressures.Why it mattersPersistent price pressur