Fresh inflation data to be released on Thursday will provide the latest look at price increases as some economists warn of a potential tariff-induced jump in household costs.

The new report arrives days before the Federal Reserve is set to announce a widely expected quarter-point interest rate cut.

A hotter-than-expected inflation reading could prompt Fed policymakers to put off slashing rates, while a lower-than-expected figure may nudge the central bank toward a larger half-point cut.

Economists expect consumer prices to have climbed 2.9% over the year ending in August, which would mark a slight uptick from a 2.7% inflation rate recorded in the month prior. If the inflation reading matches economists' expectations, price increases would remain below the 3% rate recorded in Janua

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