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Inflation Surges, Fed Hikes Likely | Honduras News
Inflation just took a surprising turn—August’s rate jumped to 3.4%, hotter than expected, fueled largely by a 28% surge in gas prices. But the real alarm bell? Core inflation, which excludes food and energy, rose 0.3%—signaling broader price pressures are building. With the Fed now seeing nearly a 90% chance of raising rates at their September 16 meeting, analysts predict a quarter-point hike that could push borrowing costs to 3.75–4%. Global energy volatility adds another layer of risk, as rising oil prices ripple through the economy and shape inflation expectations. The Fed’s tightening…
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