Will the US CPI report for August 2024, released in September, show an annualized inflation rate (CPI-U) higher than 3.5%?

The headline suggests traders are prioritizing inflation over jobs data. This question directly addresses the market's focus on inflation metrics. A higher-than-expected CPI could indicate persistent inflationary pressures.

Implied probability (Yes)

55%

Closes

2026-09-01