September Consumer Price Index rises, exceeding Fed target inflation rate
- 1The US Bureau of Labor Statistics announced that consumer prices rose again in September.
- 2The 12-month consumer price index increase rate recorded 3.7%.
- 3Core Consumer Price Index (core CPI) rose 2.6% on an annual basis.
So what's the key point?
Prices rose again in September, with the inflation rate reaching 3.7%. Since prices came in higher than the target, the situation needs to be monitored.
Source CNBC +3 · View original ↗
Today's 5 AI picks, all freeNothing hidden: past picks and how they did against the S&P 500.