US Inflation Stays at 3.4% as War-Driven Energy Costs Squeeze Americans.

Core inflation climbed to 2.4% in August, while soaring diesel and gasoline prices added to household costs and complicated the Federal Reserve’s next interest-rate decision.

US consumer prices remained elevated in August, with rising energy costs linked to renewed conflict between the United States and Iran continuing to put pressure on American households.

Inflation stood at an annual rate of 3.4% in August, unchanged from July, according to data released Friday by the US Bureau of Labor Statistics. Although the headline ra…