Breaking: US Consumer Price Index rose to 3.7% YoY in September - FXStreet

US CPI reports 3.7% annual rise

The US Consumer Price Index for September showed a a 3.7% year-on-year increase, driven by rising gas prices. This data has caused silver prices to drop and renewed discussions about a potential Federal Reserve rate hike. The Japanese Yen has weakened below that level, reflecting market reactions to the CPI report.

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