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likeaforest@lemmy.worldM to politicus@lemmy.worldEnglish · 8 days ago

US consumer inflation hotter than expected as midterms loom

finance.yahoo.com

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US consumer inflation hotter than expected as midterms loom

finance.yahoo.com

likeaforest@lemmy.worldM to politicus@lemmy.worldEnglish · 8 days ago
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US consumer inflation was hotter than anticipated in September, government data showed Wednesday, as Washington's continued war with Tehran pushed energy costs higher, deepening strains on American households ahead of next month's midterm elections.With the underlying US economy remaining strong as massive spending linked to the artificial intelligence buildout boosts demand for chips and labor, economists also caution that higher costs could continue filtering through to households. bys/des
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