https://www.live-feeds.com/feed/us-consumer-prices-accelerate-in-august-push-fed-closer-to-rate-hikeContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/us-consumer-prices-accelerate-in-august-push-fed-closer-to-rate-hikehttps://www.live-feeds.com/feed/us-consumer-prices-accelerate-in-august-push-fed-closer-to-rate-hike#u68789Tue, 15 Sep 2026 09:07:06 +0000The US dollar reached a two-week high and oil prices jumped amid Middle East conflict and artificial intelligence fears, rattling markets ahead of upcoming central bank decisions. Ethereum slipped back below the $2,600 mark following a Consumer Price Index rally, maintaining a position above $2,500 ahead of the Federal Open Market Committee decision scheduled for September 16, 2026. The Japanese yen wobbled near a seven-month high while global markets braced for interest rate announcements from both the Federal Reserve and the Bank of Japan.Why it mattersGlobal financial markets are reacting t https://www.live-feeds.com/feed/us-consumer-prices-accelerate-in-august-push-fed-closer-to-rate-hikehttps://www.live-feeds.com/feed/us-consumer-prices-accelerate-in-august-push-fed-closer-to-rate-hike#u66477Sat, 12 Sep 2026 19:25:45 +0000US consumer inflation accelerated in August, with prices rising 3.4% annually. Core costs also climbed, exceeding expert predictions. This increase was driven largely by spiking gas prices linked to renewed fighting in the Middle East. Economists now state a Federal Reserve rate hike in September is almost certain following the Consumer Price Index report. The persistent inflation puts continued pressure on the Fed to raise rates to stabilize the economy and ease the financial squeeze on American consumers.Why it mattersThe Federal Reserve adjusts interest rates to control inflation and mainta