Customers shop at a supermarket in Foster City, California on 13 September 2023. Price growth held steady in the United States last month as the Federal Reserve mulls the next stage of its battle against inflation.
The consumer price index rose at an annual pace of 3.7% in September, according to the Bureau of Labor Statistics. This was in line with August’s 3.7% reading.
The official index, which measures the prices of a basket of goods and services, increased at a swifter pace than expected by economists. On a month-to-month basis, it rose by 0.4%; ahead of the average 0.3% forecast […]
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