Dow Futures Edge Up Ahead of Aug. Inflation Data
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Inflation ticked up for the fourth month in a row, rising in line with forecasts, as higher tariff rates trickle into prices for consumer goods. The consumer price index climbed 2.9% year over year in August,
Today's CPI report marks the last major piece of economic data before the Federal Reserve's Sept. 17 rate decision meeting.
The consumer price index for August 2025 rose 2.9% on an annual basis. Tariffs seem to be pushing prices for goods like clothing higher, economists said.
US inflation cooled off at the wholesale level in August, bolstering hopes that high tariffs aren’t yet causing prices to spiral out of control, fresh data showed Wednesday.
Inflation is creeping higher, with some Americans saying they're squeezed: "It's really challenging"
The Consumer Price Index likely inched higher in August, reflecting higher costs for food and other items, economists say.
Consumer price growth is expected to have accelerated last month, with Thursday's report set to keep the spotlight on tariff pass-through effects and potentially add pressure to import-heavy categories.
Wholesale inflation unexpectedly declined in August, the Bureau of Labor Statistics (BLS) reported Wednesday morning. The producer price index (PPI) inched down by 0.
U.S. producer prices unexpectedly fell in August amid a compression in trade services margins and mild increase in the cost of goods, suggesting that domestic businesses were probably absorbing some of the tariffs on imports.