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International Business Times UK
International Business Times UK
National
David Unyime Nkanta

Inflation Shock Looms: Prices Set to Hit Highest Level in a Year as Trump Tariffs Spark Economic Panic

Inflation Donald Trump Jeffrey Roach the Federal Reserve

The United States is bracing for its highest inflation reading in over a year, as fresh data expected this week reveals the economic fallout from President Donald Trump's sweeping tariff regime.

Economists had anticipated a year-on-year inflation rate of 3.1% for September 2025, up from 2.9% in August. The actual rate came in slightly lower at 3.0%, marking the steepest rise since May 2024.

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