Why The Core CPI Inflation Drop In August Doesn't Matter

The August inflation report was a cheerful one; not only was the headline inflation unchanged, but core inflation dropped.

Annual core inflation climbed by 3.3% in July

Core personal consumption expenditures, a key measure of inflation for the Federal Reserve, increased by 3.3% on an annual basis in July.

Consumer prices rose 0.4% in August, as expected; core inflation was higher than estimated

CNBC's Rick Santelli breaks down the August CPI inflation report. Got a confidential news tip? We want to hear from you. Sign ...

Fed's Warsh faces new pressure to hike rates after inflation heats up

A decision to raise rates next week would come at a politically fraught time — less than two months before a midterm election ...

Inflation Not Going Back Into The Bottle: CPI, Core CPI, And Core Services CPI Bounce Back

Core services CPI +4.0% annualized, Core CPI +3.5% annualized, all-items CPI +4.9% annualized in August, from July. Read more ...

Current Inflation Rate: 3.4% in August 2026, by Category and Region

The 12-month rate of inflation as of August 2026 is 3.4%, according to the Bureau of Labor Statistics (BLS). Energy inflation ...

Core Inflation Ticks Down

Core inflation, which excludes the more volatile costs of food and energy and is considered a better indicator of trends in ...

July 2026 PCE inflation data: headline above forecast, core in line

The headline PCE price index rose 3.7% annually, topping consensus by 0.1 percentage point, while core inflation matched expectations at 3.3% ...

Gold edges lower; focus on US core inflation

Gold edged lower in Asian trade. U.S. core inflation data likely strengthens the case for the Fed to raise its benchmark rate at its meeting this week, CBA said.