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U.S. inflation heats up in September, supporting expectations of Fed rate hike
Source: The Globe and Mail
InflationMonetary PolicyInterest Rates & YieldsEconomic DataEnergy Markets & Prices
U.S. inflation accelerated in September, with consumers paying more for gasoline and other goods. The report supported economists’ expectations of a Federal Reserve interest-rate increase in December; the article gives no inflation rate or increase magnitude.
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