US CPI Inflation Rate Rises to 3.7% as Markets Reprice Fed Policy
An unexpected surge in the US CPI inflation rate to 3.7% in September rattled global financial markets, driving U.S. Treasury yields to fresh highs, lifting the American dollar, and triggering sharp sell-offs across equity futures, precious metals, and digital assets. Official economic data released on Wednesday confirmed that consumer price pressures reaccelerated to 3.4% in … Read more