$TRUMP
$XAU U.S. consumer prices rise 3.7% year-on-year in September
The rate of consumer price growth in the United States accelerated to 3.70% in the 12 months ending in September, compared with 3.40% in August, exceeding analysts’ expectations of 3.60%.
On a monthly basis, the closely watched inflation index rose by 0.60%, compared with 0.40% in the previous month, in line with analysts’ expectations.
The “core” inflation index, which excludes volatile items such as food and fuel, rose by 0.30% month-on-month and 2.60% year-on-year, while economists had expected rates of 0.20% and 2.50%, respectively.
Wednesday’s figures from the Labor Department could cast a shadow over the Federal Reserve’s upcoming interest rate decision later in October. Federal Reserve officials raised interest rates for the first time since 2023 last month, citing their desire to curb inflationary pressures.
#EthereumDropsBelow$2500 #StriveBuys3311BTCFor$280M #OptimismOPRises19.98% #OpenAIEngineerArrestedOverAllegedOfficeRecording #OpenAIEngineerArrestedOverAllegedOfficeRecording
$XAU U.S. consumer prices rise 3.7% year-on-year in September
The rate of consumer price growth in the United States accelerated to 3.70% in the 12 months ending in September, compared with 3.40% in August, exceeding analysts’ expectations of 3.60%.
On a monthly basis, the closely watched inflation index rose by 0.60%, compared with 0.40% in the previous month, in line with analysts’ expectations.
The “core” inflation index, which excludes volatile items such as food and fuel, rose by 0.30% month-on-month and 2.60% year-on-year, while economists had expected rates of 0.20% and 2.50%, respectively.
Wednesday’s figures from the Labor Department could cast a shadow over the Federal Reserve’s upcoming interest rate decision later in October. Federal Reserve officials raised interest rates for the first time since 2023 last month, citing their desire to curb inflationary pressures.
#EthereumDropsBelow$2500 #StriveBuys3311BTCFor$280M #OptimismOPRises19.98% #OpenAIEngineerArrestedOverAllegedOfficeRecording #OpenAIEngineerArrestedOverAllegedOfficeRecording