US September inflation 'stable but stubbornly high'

'November tapering here we come'

Elliot Gulliver-Needham
clock • 2 min read
US September inflation 'stable but stubbornly high'
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US September inflation 'stable but stubbornly high'

Prices in the US rose 5.4% in September compared to a year ago, according to data released by the Bureau of Labor Statistics on Wednesday (13 October).

The numbers "came in slightly above expectations" said John Leiper, chief investment officer at Titan Asset Management. "Core inflation, which excludes food and energy, came in-line with expectations."...

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