✉news BusinessEconomy first seen 5 d ago, last 5 d ago, peak #37
US inflation accelerates in September, keeping Fed rate hike alive
Original: US inflation heats up in September; Fed rate hike this month back on table
US inflation picked up pace in September, reviving expectations that the Federal Reserve could raise interest rates at its meeting this month. The stronger-than-hoped consumer price data suggests price pressures remain persistent, and markets and analysts are now reassessing whether the central bank will deliver another hike or hold rates steady.
Why now: Fresh inflation data has renewed debate over whether the Federal Reserve will raise interest rates this month.
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