US Consumer Prices Experience Modest Increase Amid Labor Market Disruptions

Reported about 15 hours ago

U.S. consumer prices rose slightly in September, primarily due to higher food costs, while the annual inflation increase remained the smallest in over three years. Concurrently, unemployment claims surged as Hurricane Helene and a Boeing strike impacted the labor market, creating uncertainties about future employment data and Federal Reserve interest rate cuts.

Source: YAHOO

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