EconomyUS inflation rises before midterms, fuelling rate-hike fears

US annual inflation accelerated to 3.7 percent in September from 3.4 percent in August, with petrol prices accounting for more than half of the monthly CPI increase. Economists are divided over whether the Federal Reserve will raise rates again later this month, and US markets moved lower after the report.

US inflationFederal Reserveinterest ratesmidterm elections

AAl Jazeera★★★☆☆2026-10-14 15:31Original