US inflation picks up keeping Fed on edge
Sep 13, 2026
New York [US], September 13: US inflation accelerated last month as gas prices spiked in the wake of renewed fighting in the Middle East, underscoring the affordability challenges that are top of mind for many voters with midterm elections now just seven weeks away. The consumer price index rose 3.4 percent last month compared with a year ago, the Labor Department said Friday, just like July. But inflation quickened month to month as costs jumped 0.4 percent from July, quadrupling the 0.1 percent registered in the previous month.
