U.S. Inflation Holds at 3% in September Despite Market Hopes for Cooling
The U.S. Consumer Price Index rose 3% year-over-year in September, maintaining pressure on household budgets and complicating the outlook for future interest-rate cuts.
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The U.S. Consumer Price Index rose 3% year-over-year in September, maintaining pressure on household budgets and complicating the outlook for future interest-rate cuts.
An index-linked bond is a bond whose interest payments and/or principal are adjusted in line with a specific price index (typically inflation).