Inflation Jumped Again In August As Interest Rate Meeting Looms
Forbes·2025-09-11 13:15
ToplineInflation worsened as expected in August as President Donald Trump’s tariffs continued to raise consumer prices, according to data released Thursday by the Bureau of Labor Statistics, the last economic report under consideration by the Federal Reserve as it considers interest rate cuts next week. The Federal Reserve meets next week to decide whether to lower interest rates for the first time since December.AFP via Getty ImagesKey FactsConsumer prices increased 2.9% last month from August 2024 and 0.4 ...