Inflation Held Steady in August, Pushing the Fed Towards a Rate Hike

P.M. Edition for Sept. 11. New data from the Labor Department show that inflation held steady at 3.4% last month. As Journal economics reporter Justin Lahart explains, that puts pressure on the Fed to raise interest rates at its meeting next week. Plus, Anthropic found that Iran used the company’s AI tools to target U.S. forces in the Middle East. And on the 25th anniversary of the Sept. 11 terrorist attacks, we look at how travel security measures have changed with reporter Alison Sider. Alex Ossola hosts.

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