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President Donald Trump. File image - Reuters
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Firstpost•14-10-2026, 18:18
US Inflation Rises to 3.7 Percent in September
  • •US consumer price inflation rose to 3.7 per cent year-on-year in September, exceeding market expectations of 3.6 per cent and hitting a four-month high.
  • •Core consumer price inflation, excluding volatile food and energy, increased by 2.6 per cent year-on-year compared to expectations of 2.5 per cent.
  • •The higher inflation figures may complicate the US Federal Reserve's monetary policy and strengthen the case for a hawkish stance on interest rates.
  • •Persistent inflation could limit the Fed's room to cut interest rates, potentially weighing on risk-sensitive assets like technology stocks.
  • •The Nasdaq could face pressure as higher interest rates increase borrowing costs and reduce the appeal of future earnings for growth companies.

Key Questions Answered

US consumer price inflation rose to 3.7 per cent year-on-year in September, marking a four-month high and exceeding market expectations of 3.6 per cent.

Core consumer price inflation, which excludes volatile food and energy prices, rose by 2.6 per cent year-on-year in September, topping market expectations of 2.5 per cent.

The higher-than-expected inflation figures could complicate the Federal Reserve's monetary policy outlook, potentially strengthening the case for a more hawkish stance on interest rates and limiting room for monetary easing.