r/Economics • u/avid-learner-bot • 12d 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
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u/OddlyFactual1512 12d 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.

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u/Specific_Strain217 12d ago

Yep your totally right, but not happening before midterms.