Consumer prices rose at annual rate of 2.9% in August, as weekly jobless claims jump | NYGazet

The consumer price index was expected to increase 0.3% in August, according to the Dow Jones consensus estimate.

Joe Raedle | Getty Images Prices consumers pay for a variety of goods and services moved higher than expected in August while jobless claims accelerated, providing challenging economic signals for the Federal Reserve before its meeting next week. The... [2104 chars]