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US consumer prices accelerate August

US: Largest jump in core inflation in four months

asadianSeptember 12, 2026 | 2:46 AM

September 12, 2026 | 2:46 AM

AI buildout inflation core inflation largest increase four months core PCE inflation August CPI report Labor Department crude oil above 100 dollars diesel above 6 dollars gallon egg prices rise Fed meeting Tuesday Wednesday Fed painted into corner Federal Reserve rate hike next week food prices edge up gasoline prices jump 3.9 percent inflation-adjusted wages fall Iran war energy shock economy Kevin Warsh inflation target long-term bond yields surge producer price index strong readings quarter-point rate hike probability Trump pressure rate cut US consumer prices accelerate August

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