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But we saved everything 🙂.
U.S. consumer price index (CPI) increased by 0.65 percent in September, a higher rate than expected.
Mike Shedlock, author and blogger at MishTalk, shared this data and stated that the Federal Reserve should raise rates in October but is likely to wait until December.
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Earlier this year, Shedlock reported a record low in the consumer sentiment current conditions index, led by a sharp decline among independents. In a separate analysis, he questioned the necessity of U.S. imports of Russian diesel amid strong domestic exports. His coverage continues to track shifts in key economic indicators and trade activity.