TREE NEWS reports: US core consumer prices, which exclude food and energy, rose 0.3% month over month in August and 2.4% year over year, the Bureau of Labor Statistics said Friday. Headline CPI climbed 0.4% on the month and 3.4% on the year as energy costs rose. Traders now price roughly a 90% chance of a Federal Reserve rate hike next week.
US Core CPI Rises 0.3% in August, Lifting Odds of Fed Rate Hike
AI take
The persistence in core prices, rather than the energy-driven headline jump, is what keeps the Fed's tightening path alive, and traders have moved close to fully pricing a hike. That matters most for rate-sensitive corners of crypto and tokenized real-world assets, where yields on competing instruments shape demand. The open question is whether core prints cool in coming months, or whether energy pass-through starts to broaden.
Generated by AI for reference only.
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.
Related News
8m ago
Hamas’ Qassam Brigades Confirms Senior Commander Killed by Israel
11m ago
SOFR Falls to 3.62% on Sept. 10 as Fed Funds Rate Holds at 3.63%
12m ago
Mandeb Strait Traffic Plunges to Single Digits After Houthi Capture of Mocha
15m ago
China’s Ministry of Natural Resources Meets Mining Ministers at 2026 China Mining Conference
21m ago
Meta Meets European Credit Investors in Non-Deal Roadshow
26m ago
Michigan Survey: Views on Trump Economic Policy Worsened ~10% This Month