https://www.live-feeds.com/feed/us-consumer-inflation-picks-up-in-augustContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/us-consumer-inflation-picks-up-in-augusthttps://www.live-feeds.com/feed/us-consumer-inflation-picks-up-in-august#u69776Wed, 16 Sep 2026 04:09:25 +0000The Federal Reserve is expected to raise interest rates this Wednesday to combat elevated inflation and oil prices exceeding $100 a barrel. This potential move would mark the first rate hike in three years. Market pressure is mounting as the US 10-year Treasury yield has surpassed 5% for the first time since 2023. Consumer impacts are visible in retail, where some motor oil prices have nearly doubled and purchase limits have been implemented at Costco.Why it mattersFederal Reserve Chairman Kevin Warsh faces a critical test of independence amid demands from President Donald Trump to avoid rate https://www.live-feeds.com/feed/us-consumer-inflation-picks-up-in-augusthttps://www.live-feeds.com/feed/us-consumer-inflation-picks-up-in-august#u67695Mon, 14 Sep 2026 09:25:38 +0000US consumer inflation accelerated in August, driven by surging gasoline and diesel prices that have increased household and business costs. Spot gold slipped to $4,327 following its third weekly decline as an oil rally stoked expectations of monetary tightening. Rate traders priced the probability of a Federal Reserve rate hike between 85% and 87% ahead of the central bank policy meeting. President Donald Trump previously praised hand-picked Federal Reserve chairman Kevin Warsh at a White House swearing-in ceremony in May, encouraging him to maintain total independence.Why it mattersInflationa https://www.live-feeds.com/feed/us-consumer-inflation-picks-up-in-augusthttps://www.live-feeds.com/feed/us-consumer-inflation-picks-up-in-august#u66421Sat, 12 Sep 2026 17:25:44 +0000US consumer prices rose 0.4% in August, with annual inflation reaching 3.4%. The acceleration was driven largely by surging gasoline prices following renewed conflict in the Middle East. Core costs also climbed, topping forecasts and reinforcing expectations that the Federal Reserve will raise interest rates next week. Despite the sticky inflation data, US stocks rose on Friday, with the Dow gaining 1.23%, the S&P 500 1.05%, and the Nasdaq 1.08%, supported by a subsequent fall in oil prices.Why it mattersPersistent inflation puts pressure on the Federal Reserve to maintain a restrictive mo