US September consumer inflation rose less than expected, delayed data shows
Piaţa de capital
WASHINGTON: US consumer inflation continued to heat up last month, but by less than expected, according to official data published on Friday (Oct 24), nine days late due to the ongoing government shutdown . However, the acceleration is unlikely to dim expectations of another rate cut from the Federal Reserve next week as it looks to support the flagging labour market. The consumer price index (CPI) picked up to 3 per cent in September, accelerating from 2.9 per cent on a year-on-year basis a
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