Consumer prices rose 0.4% in August, as expected; core inflation was higher than estimated

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• CNBC left

  Consumer prices rose 0.4% in August, as expected; core inflation was higher than estimated
  
• Fox Business Economy right

  The Labor Department released the consumer price index (CPI) for August which showed that inflation remained well above the Fed's 2% target ahead of its next meeting.
  
• The Wall Street Journal right

  Inflation held at 3.4% in August, matching expectations as gas prices remained elevated.
  
• The Guardian left

  Annualized inflation rate was 3.4%, same as July, and core inflation, which omits energy and food prices, was up to 2.4% US consumer prices remained stubbornly high in August as the end of the ceasefire between the US and Iran pushed energy prices up, according to data from the US Bureau of Labor Statistics released on Friday. The annualized inflation rate was 3.4%, the same as it was in July. The most recent peak was seen in May, when the inflation rate hit a three-year high at 4.2%. Core infla
  
• BBC Business

  Prices in the US rose 3.4% in the 12 months to August, according to the latest official figures.
  
• CNN left

  Inflation heated up in August, raising the chance of a Fed rate hike https://cnn.it/3Tqa1LF
  
• Reuters

  US consumer inflation picks up in August reut.rs/4AcZxQs
  
• The New York Times left

  U.S. inflation stayed stubbornly high in August. Investors believe the Federal Reserve is very likely to raise rates at its meeting next week. Follow live updates.
  
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