U.S. consumer prices rose 0.4% in August after increasing 0.1% in July, with gasoline prices up 3.9% and accounting for more than one-third of the monthly gain. Headline inflation held at 3.4% annually, above the Federal Reserve’s 2% target, while core CPI rose 0.3% monthly and annual core inflation eased to 2.4%. The data increased expectations of a quarter-point rate increase at the Federal Open Market Committee’s meeting scheduled for Sept. 16, described in a newer account as this Wednesday. Stocks rebounded and bonds steadied Friday, but oil rose above $100 a barrel, Treasury yields reached multiyear highs and digital-asset investment products recorded $243 million in weekly outflows after roughly $1.3 billion of inflows the prior week. Bitcoin’s reaction varied by trading time, with reports placing it between about $76,700 and $80,000; CoinShares Head of Research James Butterfill said firmer inflation could keep Bitcoin below $80,000 in the near term.