US Inflation Holds at 3.4% in August
US consumer inflation held at 3.4% in August, remaining stubbornly above the Federal Reserve’s 2% target as surging fuel prices
Emmanuel Eze
September 11, 2026
- September 11, 2026
US consumer inflation held at 3.4% in August, remaining stubbornly above the Federal Reserve’s 2% target as surging fuel prices
Oil prices surged above $100 a barrel on Thursday, with Brent crude climbing as high as $109.20 per barrel, as
US consumer inflation eased to 3.4% in July, strengthening the case against another immediate interest rate increase by the Federal
The US economy grew at an annualised rate of just 1.5% in the second quarter of 2026, marking a slowdown
Get notified about new articles