Politics
Inflation heats up as gas prices surge
Axios·October 14, 2026·1 min read
U.S. inflation accelerated in September as energy prices surged, with CPI rising 0.6% monthly and 3.7% annually, up from 3.4% in August. Core CPI rose 2.6% year-over-year. Gasoline prices spiked 9.1%, driven by Middle East war disruptions, making further Federal Reserve rate hikes more likely.
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