Nick Timiraos, the Fed's mouthpiece: In August's CPI, core services inflation (excluding housing) rose 0.51% month-over-month, the highest level since January, and 3% year-over-year. Core goods inflation rose 0.11% month-over-month and 0.7% year-over

2026-09-11

Nick Timiraos, the Fed's mouthpiece: In August's CPI, core services inflation (excluding housing) rose 0.51% month-over-month, the highest level since January, and 3% year-over-year. Core goods inflation rose 0.11% month-over-month and 0.7% year-over-year. Housing inflation rose 0.26% month-over-month and 3% year-over-year.