Inflation Hits 3.4% as Fed Rate Decision Looms

Inflation is proving stubborn once again, raising the odds of another Federal Reserve interest rate hike. The latest Consumer Price Index shows inflation climbed 3.4% year over year in August, while a hotter-than-expected core reading pushed traders to increase their bets on a Fed rate hike.   Kathy Fettke breaks down what's driving inflation, what the Fed could do next, and what it could mean for mortgage rates, housing, and real estate investors.   🏘️ Want to get a rental property before the end of the year? Visit www.Realwealth.com/90Days to learn more.   Source: https://www.cnbc.com/2026/09/11/cpi-inflation-report-august-2026.html