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via seekingalpha.comEconomy

September CPI: Sticky Inflation, But An October Hike Remains Unlikely

FROM THE WIRE · SEEKINGALPHA.COM

Headline CPI rose 0.6% during the month, a strong reading that was largely expected given higher energy prices.

Read at the source ↗
MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishA strong headline CPI, largely expected given energy prices, weighs on rate expectations.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Headline CPI rose 0.6% during the month.
  2. 02The reading was strong but largely expected.
  3. 03Higher energy prices contributed to the increase.

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