Federal Reserve Watch for Sept. 22: Inflation Risks Larger Concern than Growth Risks, Barkin Says

Richmond Fed President Tom Barkin (nonvoter) said inflation risks are a greater concern at the moment for the FOMC than growth and employment risk, resulting in the 25-basis point rate increase that the most recent FOMC meeting,

Fed's Barkin says economy may be firming, inflation not limited to energy, tariff shocks

By Howard Schneider BALTIMORE, Sept 22 (Reuters) - US economic conditions "are, if anything, firming," with continued consumer spending and strength beyond the boom in artificial intelligence keeping the Federal Reserve's focus on inflation,

Inflation stayed hot in August with annual pace of 3.4%, raising the odds of a Fed hike

The report comes at a pivotal moment for the Federal Reserve, which is scheduled to meet next week to decide whether to hike interest rates.

Fed's Kashkari reportedly says inflation is still too high across the U.S. economy

"So even if we strip out energy, ​which is really ​volatile, and strip out food ... inflation is still too high," Kashkari told Fox News.

U.S. M2 Money Supply Recently Grew at the Fastest Pace Seen in 3 Years. It Could Be an Ominous Sign With Inflation at 3.4%.

M2 money supply essentially shows how much liquidity there is in the economy.
nytimes.com

Elevated Inflation Keeps Pressure on Fed to Raise Interest Rates

U.S. inflation showed little improvement in August, running at a 3.4 percent annual rate. Investors believe the Federal Reserve is very likely to raise rates at its meeting next week. Note: Data is the year-over-year change in the Consumer Price Index ...
The Economist

Inflation is back around the world—as is the fight against it

In 2022-23 central bankers dreamed of bringing high inflation down without triggering a recession. Some countries came awfully close to success. Now central banks are recalibrating their instruments as price pressure builds.

Current Inflation Rate: 3.4% in August 2026, by Category and Region

The 12-month rate of inflation as of August 2026 is 3.4%, according to the Bureau of Labor Statistics (BLS). Energy inflation spiked to 16.9% as the status of the Strait of Hormuz remains uncertain. Core inflation, which excludes energy and food, was 2.4%.

Dollar rises in choppy trading as investors weigh inflation prospects

By Chuck Mikolajczak NEW YORK, Sept 22 (Reuters) - The dollar rose in uneven trading on Tuesday, oscillating between gains and losses after hitting a two-month high earlier in the day as volatile oil prices clouded the inflation picture.