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US inflation rose 3.7% in September, driven by energy costs, boosting chances of another Fed rate hike.

Market News
14 Oct 2026
New York Post
View Source
Bearish
US inflation rose 3.7% in September, driven by energy costs, boosting chances of another Fed rate hike.

US inflation accelerated in September, with the Consumer Price Index rising 3.7% year-over-year, above the expected 3.6%. The increase was largely driven by a 20.4% rise in energy prices amid geopolitical tensions in Iran. Core inflation, which excludes food and energy, also rose to 2.6%, higher than forecasts. This inflation uptick strengthens the Federal Reserve's case for another interest rate increase later this year to control rising prices.

US inflation in September rose 3.7% year-over-year, surpassing expectations amid rising energy costs. For readers following US stocks, here is Pluang's market snapshot as of Oct 14, 2026 18:43 WIB: out of 150 priced US stocks, 96 advanced and 50 declined. Notable moves include IQ (IQIYI Inc - ADR) up 1.86%, AZN (AstraZeneca plc) up 1.83%, and BABA (Alibaba Group) up 1.75%.

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