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Wholesale Inflation Hit Four-Year High in September
Original: Wholesale Inflation Hit 4-Year High in September
US wholesale inflation climbed to its highest level in four years in September, according to reporting by the Wall Street Journal. The rise in prices paid at the producer level points to mounting cost pressures moving through the economy, with businesses potentially passing higher expenses on to consumers. The jump is expected to intensify debate over interest rate policy and the outlook for household prices.
Why now: Fresh government inflation data showing a four-year peak is renewing concerns about price pressures and central bank policy.
United StatesFederal ReserveWall Street Journal
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