Institution: US September Inflation Rate May Rise to New 17-Month High
BlockBeats News, October 23rd, according to the financial website Investopedia, forecasters said that due to tariff-driven price increases, the U.S. September inflation rate may rise to a new 17-month high.
A survey of economists by The Wall Street Journal showed that the CPI report scheduled to be released this Friday may show a 3.1% year-over-year rise in overall prices in December. The rise in inflation will highlight the impact of Trump's tariffs, as the inflation rate has risen almost every month since Trump announced the tariffs in April. Despite the rise in prices, a slower increase in rents may prevent the overall inflation rate from rising too sharply. Core inflation is expected to have risen 3.1% in September, unchanged from August.
All in all, the magnitude of the inflation rise may not be sufficient to prevent the Federal Reserve from cutting rates in late October. The Fed cut rates by 25 basis points in September to support a weakened job market, and now it is more focused on the job market rather than combating inflation. Economists at Wells Fargo, Sarah House and Nicole Cervi, said, "We expect that due to the continued pass-through of tariffs, goods inflation will remain elevated, while the easing in primary housing costs should help alleviate services inflation." (Jinse)
You may also like

The large models in the United States are moving towards closure in the name of security

Morning Report | CoinEx becomes a key hub for Iran to evade sanctions, involving over $3.8 billion in funds; Kalshi seeks a new round of financing, with a valuation potentially rising to $40 billion

From the white-haired stock god to the billionaire fund mogul, the smart people shorting Nvidia are all getting rich using the same framework

Why do cryptocurrency projects always like to change their names?

Global Launch: As predictions become the most scarce asset in the AI era, Manadia is defining the next generation of the value internet

Who is footing the bill for the $64 billion accounting frenzy?

I never expected that the first application of AI x Crypto would be in security auditing

What is your view on Binance's competitive advantages?

ETH has entered a non-consensus phase, and the turning point is approaching!

The shift in the cloud of the air: from despising stablecoins a year ago to the high-profile entry of capital today

The survival dilemma of small and medium exchanges behind the withdrawal anomalies exposed by AscendEX

Why Is Bitcoin Falling Below $60K? 5 Key Market Drivers Explained
Bitcoin has dropped sharply amid ETF outflows, Strategy stock weakness, AI stock rallies, and changing Fed expectations. Explore the key forces driving BTC’s latest correction and what traders should watch next.

Bitcoin vs. Gold in 2026: Which Asset Performs Better in Different Markets?

Morning News | The draft amendment to the People's Bank of China Law aims to clarify the legal status of digital renminbi; South Korea will transfer about 40 unregistered virtual asset service providers to law enforcement agencies

The cryptocurrency industry has entered the "Show Me" era: merely relying on vision is no longer enough

Interpreting the Ethereum Foundation's new structure: Reaffirming self-sovereignty amid institutional trends

Former SpaceX engineer reconstructs the financial execution system using first principles


