IndexBox Industry Chain and Raw Materials·· 16 hours agoAI score42
U.S. September CPI preview: Energy prices may push inflation higher
AI overview
U.S. September CPI data will be released Wednesday, and economists expect annual inflation to rise to 3.6%, up from 3.4% in August. Energy prices, especially gasoline costs, are the main driver. The average price at gas stations reached a record $4.33 last month, while core inflation is expected to be 2.5% year over year. If core inflation meets expectations, the Federal Reserve may leave interest rates unchanged at its meeting on the 28th of this month.
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Source:IndexBox Industry Chain and Raw Materials · indexbox.io