Core US Inflation Rises to 40 Year High
The main consumer price index, which does not include food and energy, rose 6.6% from a year earlier, the highest level since 1982.
Core US Inflation Rises to 40 Year High
Overall CPI rose 0.4% in September compared to August, double the 0.2% as forecast by analysts
Big raise in bets from the Fed
Bets grew that the US Fed would raise rates by three-quarters of a percentage point when it meets next month.
Big raise in bets from the Fed
Inflation numbers will determine how long the Fed's policy tightening cycle will last.
India Inflation
Meanwhile, retail inflation in India hit a five-month high of 7.41% in September on a year-on-year basis, as food prices rose.
India Inflation
The numbers missed the RBI target for the ninth month in a row and the December meeting raised the possibility of another rate hike.
India Inflation
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