September CPI exceeds expectations, raising possibility of October rate hike
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View chart & analysis → - 1September Headline CPI rose 3.7% year-on-year, exceeding the expected 3.6% year-on-year increase.
- 2The gasoline index recorded a 9.1% increase in September.
- 3Christopher Hodge confirmed these figures have brought the October FOMC decision to the discussion table.
So what's the key point?
September inflation rose 3.7%, which was higher than what experts expected. These figures will influence the discussions regarding the interest rate decision in October.
Source Zero Hedge +2 · View original ↗
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