September CPI Hits 3.7%, Core Tops Forecast Before Fed Vote
Consumer prices rose 3.7% in the year to September, above the 3.6% economists expected, the Bureau of Labor Statistics reported Wednesday. For a store owner at Ecommerce Paradise, the number matters because the Fed raised rates on Sept. 16, prime sits at 7.00%, and the central bank meets again Oct. 27-28. A hot print reprices […]
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