US inflation heats up in September; Fed rate hike this month back on table

What we know

Sentences the outlets themselves published, word for word, each with its source. Banana News does not write or summarise.

5 outlets · First in our archive: Bloomberg Markets at 13:21 UTC

• Odds of a Fed hike at the 27-28 October meeting jumped 29 points to 47.5% on Polymarket after the September inflation report (14 Oct). — Rio Times
• The Labor Department said Wednesday that consumer prices rose more in September than economists had expected. — Semafor New
• Barclays senior US economist Pooja Sriram said higher interest rates are a blunt tool that tighten financial conditions and hit rate-sensitive sectors such as housing and autos first. — Bloomberg Markets

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