US inflation accelerated in September to 3.7%, higher than expected, driven by a 9.1% surge in gasoline prices. Core inflation rose to 2.6%, boosting the market's probability of a Federal Reserve interest rate hike at the end of October to 54%.

"US PCE inflation in August rose 3.4%, while Core PCE was at 3.0%, both lower than expected, prompting markets to reduce bets on the Fed raising interest rates in October."

The massive influx of AI investment is driving up electricity, chip, and labor costs. Economists warn of the risk of exacerbating US inflation, adding further challenges for the Fed, and even interest rate hikes may only have limited effect on slowing investment.

US inflation surged to its highest level in three years, a consequence of the Iran-Iran conflict, dashing hopes of a Federal Reserve interest rate cut. Meanwhile, real household income continued to decline and savings hit their lowest level in four years.

US inflation surged to a three-year high, driven by rising energy, food, and rent prices as a result of the Iran-Iran conflict. This pressured the cost of living for Americans and increased political risk to President Trump.

The market is watching this week's US labor and inflation data to assess whether inflation is truly cooling and how much room central banks will have to ease monetary policy this year.

U.S. consumer prices are likely to accelerate in November amid increased pass-through of import tax costs to consumers, while inflation data has been impacted by the government shutdown.

Revealing 5 key signals from the September US inflation report that boost investor confidence that the Fed will cut interest rates at next week's meeting. 

US inflation in September slowed less than expected, with core CPI at 3% per year, supporting the Fed's interest rate cut next week.

US inflation surges to seven-month high, while jobless claims hit 7, a nearly four-year high, fueling concerns about stagflation and fueling speculation the Fed could cut interest rates next week.