Frederic J. Brown /AFP / Getty Images Some economists expect inflation to peak in December and then fade in 2026 as tariff-related price hikes cease. Key Takeaways Forecasters expect inflation to accelerate in the last part of the year as more companies pass the costs of President Donald Trump's tariffs on to customers. A survey of professional forecasters called for a the Consumer Price Index to rise 3% over the year in the fourth quarter, an acceleration from 2.9% in August. Some economists expect ...

Prices consumers pay for a variety of goods and services moved higher than expected in August while jobless claims accelerated, providing challenging economic signals for the Federal Reserve before its meeting next week.The consumer price index posted a seasonally adjusted 0.4% increase for the month, double the prior month, putting the annual inflation rate at 2.9%. Economists surveyed by Dow Jones had been looking for respective readings of 0.3% and 2.9%.For the vital core reading that excludes food and e ...