Research Brief: Inflation – September 2025
CPI edges higher, Fed poised to ease. Inflation picked up in August, led by higher food and energy costs, while tariffs continued to gradually raise prices across other categories. Headline CPI advanced 0.4 percent month over month — the sharpest rise since January — lifting the annual rate to 2.9 percent. Core CPI increased 0.3 percent on the month and 3.1 percent year over year, underscoring the persistence of underlying cost pressures…