US CPI rises to 3.0%, but core eases, both miss expectations

US inflation ticked higher in September, but the details of the report suggested price pressures are cooling beneath the surface. Headline CPI accelerated to 3.0% yoy, up from 2.9% but slightly below expectations of 3.1%. That marks the highest level since January. Though, core CPI — excluding food and energy — slowed from 3.1% to […]The post US CPI rises to 3.0%, but core eases, both miss expectations appeared first on Action Forex.