Business & Economy · 19 views
The latest inflation data is expected to show price increases are accelerating
Wednesday's closely watched reading on consumer prices could show intensifying inflationary pressures as energy costs keep climbing.
Summary
Wednesday's closely watched reading on consumer prices could show intensifying inflationary pressures as energy costs keep climbing. Economists polled by Dow Jones expect the headline consumer price index for September to rise 0.6% for the month and to increase 3.6% compared with a year ago. That 12-month number would signal that the rate of price growth is accelerating and moving further from the Federal Reserve 's goal of 2%.
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