August CPI 2.9% and Core 3.1% Put the Fed in a Bind; Futures Still Favor a Cut

For August, the US Consumer Price Index (CPI) rose 2.9% year-over-year, up from 2.7% in both July and June. This represents the highest annual inflation rate recorded since January 2025. Core CPI, which strips out food and energy, held steady at 3.1% annually, showing persistent inflationary pressure in many “nondiscretionary” areas, such as housing, used […] Read The Full Article August CPI 2.9% and Core 3.1% Put the Fed in a Bind; Futures Still Favor a Cut On Coin Edition.