# Fed Hike Likely Amid Rising Inflation | Business and Finance News

Page: https://stenobird.com/podcast/business-finance-news-today-2-min-news-the-daily-news-now-7726192/fed-hike-likely-amid-rising-inflation-business-and-finance-news
Text version: https://stenobird.com/podcast/business-finance-news-today-2-min-news-the-daily-news-now-7726192/fed-hike-likely-amid-rising-inflation-business-and-finance-news.md
Podcast: [Business News Today | 2 Min News | The Daily News Now!](https://stenobird.com/podcast/business-finance-news-today-2-min-news-the-daily-news-now-7726192)
Published: 2026-09-11T17:28:57+00:00
Episode link: https://sources.thednn.ai/c52f0d7f2e461780
Audio file: https://api.fastcast.ai/audio/378c1420-1c80-421a-adb6-bc097380bb93.mp3
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Duration seconds: 94

## Resource

Inflation’s back on the rise, sending shockwaves through the economy as August’s consumer price index surged 0.4%, pushing annual inflation to 3.4%. Core inflation—excluding food and energy—also climbed unexpectedly, fueled by a nearly 4% spike in gas prices and rising shelter and transportation costs. Markets are now betting the Fed will hike rates by a quarter-point next week, reversing recent patience as oil prices climb and inflation shows signs of stubborn persistence. With the Fed’s target of 2% inflation still out of reach, policymakers may have no choice but to act—even if some officials had hoped for more time. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/c52f0d7f2e461780

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