「Fed Mouthpiece」: Inflation comes in higher than expected, further supporting another interest rate hike from the Federal Reserve this year

Nick Timiraos, a Wall Street Journal reporter widely known as the "Fed’s mouthpiece," said September’s underlying inflation came in above expectations for the second consecutive month, further bolstering the case for the Federal Reserve to raise interest rates again this year. Last month, Fed officials unanimously voted to hike rates, with nearly all policymakers projecting at the time another increase would come before the end of the year. September’s core CPI, which excludes food and energy pr

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