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Kiplinger
Kiplinger
Business
Karee Venema

Hot August CPI Report Doesn't Shift the Rate-Cut Needle: What the Experts Say

US Federal Reserve Inflation
Wooden blocks with percentage signs on them placed on top of stacks of coins.

The latest Consumer Price Index (CPI) report showed that President Donald Trump's tariff policies continue to have a moderate impact on cost pressures, but the Federal Reserve is still expected to lower the federal funds rate when it meets next week.

According to the Bureau of Labor Statistics, headline CPI was up 0.4% month over month in August, higher than the 0.2% rise seen in July and the 0.3% increase economists expected.

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