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US Inflation Surges to 3.7% as Rising Energy Costs Squeeze Household Budgets

US Inflation Surges to 3.7% as Rising Energy Costs Squeeze Household Budgets

Washington, Wednesday, 14 October 2026.
U.S. inflation accelerated to 3.7% in September 2026, driven by soaring energy costs that pushed real average hourly earnings down 0.5%, heightening pressure on consumers and Federal Reserve policymakers.