Worsening inflation will pressure Fed to keep raising rates
Headline from WWL New Orleans
Thursday’s report represents the final U.S. inflation figures before the Nov. 8 midterm elections after a campaign season in which spiking prices are a top issue.
WWL New Orleans's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
Thursday’s report represents the final U.S. inflation figures before the Nov. 8 midterm elections after a campaign season in which spiking prices are a top issue.
Thursday’s report represents the final U.S. inflation figures before the Nov. 8 midterm elections after a campaign season in which spiking prices are a top issue.
US inflation jumped more than expected in September, according to government data released Thursday, in the latest sign that pricing pressures have become
Inflation in the United States accelerated in September, with the cost of housing and other necessities intensifying pressure on households, wiping out pay gains that many have received and ensuring that the Federal Reserve will keep raising interest rates aggressively.
Prices paid to U.S. producers rose in September more than expected, suggesting inflationary pressures will take time to moderate and keep the Federal Reserve fixed on aggressive rate increases.
WASHINGTON (Reuters)—U.S consumer prices increased more than expected in September and underlying inflation pressures continued to build up, reinforcing expectations that the Federal Reserve will deliver a fourth 75-basis points interest rate hike next month.
The Labor Department released the latest inflation data set on Tuesday, revealing just how hot consumer prices ran in September as the Fed tries to cool the economy.
Inflation rose faster than expected in September, squeezing Americans in the form of higher prices for basic necessities like groceries, rent and electricity.
The Labor Department is releasing the September inflation report on Thursday, which is expected to show that consumer prices continued to run near a 40-year high.
"Core" inflation, measuring the price of goods less food and energy, rose for the second month in a row in September, even as inflation fell slightly overall
Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.
Worsening inflation will pressure Fed to keep raising rates | Since Then