August's Consumer Price Index (CPI) data came in-line with economist estimates. However, there was a slight surprise in the core CPI print — a measure that leaves out food and energy costs— which crept up by 0.3% from July, above the 0.2% increase economists expected.

What does this mean for the Federal Reserve as it prepares to ease interest rates at its September policy meeting? Yahoo Finance senior Fed reporter Jennifer Schonberger breaks down the top three key points from this inflation report that might influence the Fed's decision on monetary policy next week.

For more expert insight and the latest market action, click here to watch this full episode of Catalysts.

This post was written by Angel Smith