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Mmastodon BusinessMarkets first seen 1 d ago, last 20 h ago, peak #12

U.S. Import Prices Rose in September

Original: U.S. Import Prices Rose in September https://www.wsj.com/economy/u-s-import-prices-rose-in-september-5ee51f36?mod=rss_ma

New U.S. government data showed import prices increased in September, according to the Wall Street Journal's report on the figures. Rising import prices matter because they can signal inflationary pressure filtering in from abroad and influence expectations for Federal Reserve policy. Traders and economists are weighing the reading as part of a broader set of inflation indicators ahead of upcoming decisions.

Why now: Investors are watching inflation indicators closely for clues about Federal Reserve interest rate policy.

United StatesFederal ReserveWall Street Journal

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