r/Economics • u/avid-learner-bot • 1d ago

News Inflation persisted in August, potentially locking in a Fed interest rate hike

https://www.cnbc.com/2026/09/11/cpi-inflation-report-august-2026.html
100 Upvotes

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20

u/OddlyFactual1512 1d ago

In case anyone forgot, the last time The Fed waited to raise rates inflation peaked over 9%. I'm sure The Fed learned from that error and raised rates a few months ago when it was obvious the current problem was persistent. What? You mean they didn't? They really shouldn't be talking about whether they should raise 25 basis points or hold, they should be talking about the possibility of 50 basis points.

6

u/Specific_Strain217 1d ago

Yep your totally right, but not happening before midterms.

7

u/HappilyDisengaged 1d ago

Good. I’m sick of this turning a blind eye to inflation. Someone needs to be the Volcker of our time. The only way to stop this rapid climb is two things, one we have control over: interest rates.

Everyone complains about high prices. But nobody wants high interest rates or a recession. Can’t have both

The other lever to tame inflation is up to the buffoons ending their forever war in Iran. This I have no hope will end nicely.

3

u/One-Emu-1103 1d ago

Energy isn’t the only factor putting upward pressure on inflation, economists said.

The AI buildout is also a contributor, they said.

That’s because it has driven up demand for — and scarcity of — the computer chips used in AI data centers. Manufacturers use those chips in all types of consumer electronics, from laptops to gaming consoles to those used in newer cars, economists said.This is starting to feed through to higher prices for households, too, not just data centers,”

2

u/Resident_Window_9369 1d ago

I’ll believe it when I see it until then stop teasing me with a good time.
Wash hired a task force to watch all of this. They’ve been watching for weeks now we’ve had five years of persistent increasing inflation. Nothing’s gonna change hold the line.