Inflation Above 3%: CPI and PPI Week Will Settle Fed's 2026 Rate Path
August CPI and PPI land this week with inflation above 3%, energy costs elevated by the Iran war, and Wall Street pricing at least one Fed hike. The prints will determine whether the central bank holds or tightens as wages lag prices and tariff pressures build. Markets will parse core versus energy-driven components for the direction of the 2% target chase.
Source: newsday.com · enidnews.com