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Inflation rises again and keeps pressure on Fed

Inflation rises again and keeps pressure on Fed
MarketWatch Wednesday 30 September 2026, 12:35 UTC By Jeffry Bartash 1 min read
Key Points

The main inflation gauge used by the Federal Reserve to set U.S. interest rates rose sharply in August, underscoring why the central bank raised interest rates earlier this month for the first time in three years.

The main inflation gauge used by the Federal Reserve to set U.S. interest rates rose sharply in August, underscoring why the central bank raised interest rates earlier this month for the first time in three years. [Image text:] Pilot express PJ-FRESH UNLEADED 472796
Fed (ORG) the Federal Reserve (ORG) U.S. (LOCATION)
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