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Consumer prices rose 0.4% in August, driven by energy costs, influencing Fed's upcoming rate decision.

Market News
11 Sep 2026
CNBC
View Source
Neutral
Consumer prices rose 0.4% in August, driven by energy costs, influencing Fed's upcoming rate decision.

In August, the consumer price index (CPI) increased by 0.4%, with a 12-month rise of 3.4%, matching expectations. Core CPI, excluding food and energy, rose 0.3%, slightly above forecasts. Energy prices, especially gasoline, surged due to Middle East tensions, pushing the energy index up 2.1% for the month and 16.3% annually. Other factors like shelter and transportation costs also contributed to inflation. This report is crucial as it is the last major inflation data before the Federal Reserve's policy meeting next week, where interest rate decisions will be made.

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Titan Minerals extends gold-silver mineralisation at Dynasty Project, targeting Q1 resource update and scoping study.

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