Consumer prices rose 2.9% in August compared to a year ago, marking an uptick in price increases as President Donald Trump's tariff policy intensified. The reading matched economists' expectations.

Inflation ticked up for the fourth month in a row, rising in line with forecasts, as higher tariff rates trickle into prices for consumer goods. The consumer price index climbed 2.9% year over year in August,

US inflation rose in August at the fastest pace since the beginning of the year ahead of a key Federal Reserve meeting where it will decide whether to cut or hold interest rates. Consumer prices 2.9% in the year to August, up from 2.7% the previous month, according to the latest figures from the US Labor Department.

Discover how rising August CPI and persistent inflation impact Fed rate cut decisions. Learn what this means for investors and economic forecasts.

Inflation continued to tick up in August, though not enough to thwart markets’ expectations that the Federal Reserve will lower interest rates next week in response to a weakening job market. Annual g

Inflation in the Seattle area crept up in August, mirroring national trends. But the Seattle area is also seeing some unique affordability challenges.

Follow MarketWatch’s live coverage of the consumer price index for August. It's the final inflation report that will dictate whether — and by how much — the Federal Reserve cuts interest rates next week.

ECB policymakers will also gauge the impact U.S. tariffs, higher German government spending and the political turmoil in France will have on growth and inflation.