US Inflation Remains at 3.7%
The Bureau of Labor Statistics (BLS) Consumer Price Index (CPI) data has shown that US inflation has kept firm at 3.7%. Indeed, the figure has slotted in higher than analysts have predicted and is a continuation of the reported inflation figure of 3.7% for the month of August. The inflation figures continue to remain immensely important for potential Federal Reserve action. The Fed has enacted a tightening campaign in an effort to combat concerning inflation data with steady interest rate hikes. Therefore, its next steps are massively tied to this data. BREAKING: 🇺🇸 US inflation remains at 3.7%, higher than expectations. — Watcher.Guru (@WatcherGuru) October 12, 2023 Also Read: Turkey Inflation Rises to 61.53%, Below Expectations US Inflation Higher Than Expectations, Remains at 3.7% Economic concern regarding inflation has reached massive levels in what has become an increasingly global issue. The figure has become immensely important in the Uni...