US inflation remains above 2% for 66th straight month
August headline CPI held above the Federal Reserve’s 2% goal for a 66th consecutive month, with CPI up 0.4% m/m and core CPI up 0.3% m/m.
Headline inflation stayed above the Federal Reserve’s 2% target for a 66th straight month in August, highlighting how far price pressures remain from the central bank’s goal. 4% month over month, in line with forecasts. 3%.