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
1m ago
Iran Plans Regional Meeting in Oman Monday on Strait of Hormuz
4m ago
Chevron Warns of Oil Price Upside Risk on Hormuz Strait Tensions
6m ago
Oracle Jumps 7% as Nasdaq Gains 0.8% on Strong Cloud Revenue
7m ago
S&P 500 Opens Up 45.05 Points, Nasdaq Gains 0.80%
15m ago
Hassett: Diesel a Big Problem Because It Is a Refined Product
17m ago
Houthis claim capture of 5,400 sq km in Yemen in 9 days