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Inflation heats up in September

Inflation heated up again in September as rising energy costs intensified price pressures, bolstering the Federal Reserve’s case for another interest-rate hike this year.

Sources (1)· Oct 14, 12:48 PM

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New York Post· Oct 14, 12:48 PMInflation heats up in September

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Inflation heats up as gas prices surgeData: Bureau of Labor Statistics ; Chart: Courtenay Brown/Axios U.S. inflation picked up in September as soaring energy prices added to already stubborn price pressures, the Labor Department said on Wednesday. Why it matters: The latest Consumer Price Index shows that the inflation fight is far from over — and makes further Federal Reserve interest rate…

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Powered by spikes in energy prices, inflation surges to 3.7%Inflation grew to a 3.7% annual rate in September, according to an Oct. 14 report from the U.S. Bureau of Labor Statistics, up from 3.4% in August. In the last consumer price inflation report before midterm elections, with voters already fed up with higher prices, September’s number was the highest since May, when it was […]

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Inflation heats up in September – KnowGov