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News 2026-10-14 13:20 UTC

INSTANT VIEW — Hot September CPI sends rate — hike bets soaring

NEW YORK, Oct 14 (Reuters) — US consumer prices accelerated in September with a surge in gasoline costs putting an interest rate increase later this month back on the radar. The Consumer Price Index rose 0.6% last month after climbing 0.4% in August, the Labor Department's Bureau of Labor Statistics said on Wednesday.