A recent report shows inflation rose 3.4% in August. This increase is noted in the last report before the Fed's interest-rate decision.
Further information on this development can be found through the New York Post.
Details of the report's implications and the Fed's upcoming decision are available from the same source, providing more context on the inflation rise and its potential effects.
The all-items consumer price index was expected to rise 0.4% in August, with core, excluding food and energy, showing a 0.2% gain, according to the Dow Jones consensus....
