Tuesday, October 7, 2025

Latest

US Inflation Still Surpassing Expectations, Reinforces Fed’s Hawkish Tightening Cycle

While markets spent much of the past two weeks fixated on the bond crisis in the UK, the inflation situation in the US hasn’t been faring too well. It appears the Fed’s hawkish tightening cycle has yet to have an impact on cooling surging consumer prices, and Joe Biden’s failed attempts at wooing OPEC will reinforce higher energy prices ahead of the midterms.

Latest data from the BLS showed headline inflation rise 0.4% from August and 8.2% from a year earlier, while core CPI, which does not account for volatile components such as food and energy, was up 0.6% in September, and 6.6% year-over-year. Sadly, both shot past consensus estimates calling for annual prints of 8.1% and 6.5%, respectively.

The food and shelter categories were responsible for much of September’s CPI increase, even against a temporary decline in energy prices. The owners’ equivalent rent index jumped 0.8% last month, marking the biggest monthly increase since June 1990. The food index continued to rise, up 0.8% month-over-month in September, and 11.2% from last year. Energy prices, meanwhile, receded 2.1% between August and September, but Americans still continued to pay 19.8% more compared to the same period one year ago.

In the meantime, real wages were down for the 18th consecutive month, falling 0.1% from August to September and 3% over the past 12 months.

Information for this briefing was found via the BLS. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Fortune Bay: The Potential Billion Dollar Project

Japan Gold Enters New Chapter as Barrick Alliance Concludes – John Proust

Barrick Mining’s “Company Defining [Gold] Discovery”

Recommended

Nord Precious Metals Produces High Grade Silver Concentrate From Tailings

ESGold Secures $9 Million In Non-Dilutive Funding From Ocean Partners

Related News

Amazon to Charge Merchants 5% Fuel and Inflation Fee

Faced with surging energy prices and inflation across all sectors of the global economy, Amazon...

Wednesday, April 13, 2022, 04:36:00 PM

Janet Yellen: Higher Interest Rates Would be Good for US Economy

US Treasury Secretary Janet Yellen once again reiterated her stance on “transitory” inflation, and suggested...

Monday, June 7, 2021, 05:29:00 PM

Goldman Sachs Aggressively Upgrades Fed Rate Hike Forecast Following Jaw-Dropping CPI Print

Following what has been yet another eye-watering CPI print showing consumer prices at the highest...

Monday, February 14, 2022, 11:14:00 AM

Euro Inflation Soars Past Record as ECB Struggles to Maintain Transitory Narrative

Inflation across the euro area surpassed previous record levels in December, eroding at consumer sentiment...

Monday, January 10, 2022, 02:46:00 PM

Australia’s Government Proposes Hiking Wages to Fight Inflation

In wake of surging consumer inflation and energy prices, Australia’s government is proposing to raise...

Friday, June 3, 2022, 03:57:00 PM