October 15, 2026
Article from Yahoo Finance by Claire Boston
Article Synopsis
U.S. inflation rose to 3.7% in September, up from 3.4% in August, as surging energy costs pushed prices higher than economists expected. Gasoline prices jumped 9.1% during the month, while core inflation, which excludes food and energy, increased to 2.6% annually, signaling that price pressures remain widespread. The hotter-than-expected report raises the possibility of further Federal Reserve interest-rate hikes, as policymakers continue to battle persistent inflation and assess the impact on the economy.
