Inflation rises 3.4% in August as interest-rate hike odds soar
The Consumer Price Index rose 3.4% on an annual basis, still stubbornly above the Fed’s 2% goal but the same rate as July, the Bureau of Labor Statistics said Friday. On a monthly basis, it rose at a 0.4% pace.
Republican Ledger staff · 8:42 AM ET
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The Consumer Price Index rose 3.4% on an annual basis, still stubbornly above the Fed’s 2% goal but the same rate as July, the Bureau of Labor Statistics said Friday. On a monthly basis, it rose at a 0.4% pace.
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