US Inflation Rises More Than Expected in 2026 📈 | CPI Report | Current Affairs MCQ Q8

Q8. In October 2026, which U.S. economic indicator came in higher than expected, reviving market speculation regarding potential Federal Reserve interest rate hikes?

✅ Correct Answer: Consumer Price Index (CPI) inflation.

The U.S. Consumer Price Index report for September 2026 showed annual inflation rising to 3.7%, above the expected 3.6%. Core CPI also increased by 0.3% month-on-month, exceeding economists’ forecasts of 0.2%.

The higher-than-expected inflation figures renewed market concerns that the Federal Reserve could raise interest rates further to control inflation.

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