The Bureau of Labor Statistics will release the August consumer price index report at 8:30 a.m.
The latest CPI report showed inflation accelerating in August, with gasoline prices responsible for a significant part of the monthly rise.
Friday's figures bring the final 2027 COLA calculation closer to completion.
Crypto market participants are bracing for US CPI inflation data today, with Bitcoin sliding almost 2% to below $77,000 ahead ...
Fed hike odds reached 81.3% after August CPI, while Kalshi and Polymarket recorded $192.6 million in combined volume before ...
Inflation remained stubbornly high in August, largely on the back of higher energy prices amid the Iran war, economists said.
The details in the latest Consumer Price Index report could compel the Federal Reserve to raise interest rates.
Although the CPI data is important, the Fed's 2% inflation benchmark is tied to the annual growth in the personal consumption ...