US consumer inflation is warming up in August.

Due to the filtering of President Donald Trump’s tariffs in the world’s largest economy, the Consumer Price Index (CPI) reached 2.9 percent in August and accelerated from 2.7 percent in July.
For now, economists are trying to measure if these tasks will provide a one -time price increase or lead to continuous higher costs.
The report increased by 0.4 percent one month per month in August.
And a measure of the underlying inflation that stripped of variable food and energy components increased by 3.1 percent compared to a year ago.
Nationwide Chief Economist Kathy Bostjancic told AFP, considering that they typically have some impact on the interest rate decisions of the Federal Reserve, “Fed is preparing to cut next week, regardless of what the CPI figure prints next week.