Inflation edged higher in August, government data showed Thursday, as investors looked for signs of how much President Trump's tariffs are filtering into consumer prices and what that means for how aggressively the Federal Reserve will cut interest rates.

U.S. inflation picked up moderately in August, with prices up 2.9% from a year earlier. The Federal Reserve next meets Sept. 16-17.

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,

Discover how rising August CPI and persistent inflation impact Fed rate cut decisions. Learn what this means for investors and economic forecasts.

The cost of living rose again in August at an accelerated pace, but probably not enough to discourage the Federal Reserve from reducing interest rates next week. The latest consumer price index could raise questions about how aggressively the Fed cuts rates,

The market is expecting a rate cut from the Federal Reserve at the central bank's September meeting as new data shows inflation ticking higher. StoneX senior adviser Jon Hilsenrath shares his concerns about the state of the US economy and the market's lack of worry,

Follow live coverage and analysis of the August consumer price index reading, which the Bureau of Labor Statistics released earlier today.

The labor market and inflation problems require opposite actions in the Fed’s limited toolbox, and Congress seems unable to reliably finish a budget.

Consumer prices rose 2.9% in August from a year earlier, the Labor Department said Tuesday, the biggest increase since January.

With inflation on the rise again, some investors may want to pivot turns gold. Here's why it makes sense right now.