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Surging rents lift US consumer prices; underlying inflation grinding lower - Reuters
10/13/23 at 12:32am
Organization
Reuters
Author
Lucia Mutikani
48 words
0
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U.S. consumer prices increased in September amid a surprise surge in rental costs, but a steady moderation in underlying inflation pressures supported financial market expectations that the Federal Reserve would not raise interest rates next month.
Business & Industrial
Business News
Finance
U.S.
surprise surge
rental costs
Fed
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https://www.reuters.com/markets/us/us-consumer-prices-rise-gasoline-shelter-costs-september-2023-10-12/
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