U.S. Inflation Rises in September as Energy and Gasoline Prices Climb, Labor Department Data Show
Photo: The New York TimesHow the sides differ Left sources emphasize political and Fed pressure, alternative sources stress possible rate hikes, and right sources focus on figures, with outlets split on whether the rise beat expectations.
The Labor Department's September Consumer Price Index report showed inflation rising, with higher energy and gasoline prices cited as a main driver. Breitbart and the Daily Wire put annual inflation at 3.7%, up from 3.4% in August, and Breitbart reported a 0.6% monthly rise. Outlets differ on expectations: CBS and Fox Business said the rise exceeded forecasts, while the Daily Wire called it mostly in line with analyst predictions. The New York Times and Daily Wire tied the report to the upcoming midterm elections, and Axios said further Fed rate hikes are now more likely.
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- The New York TimesHigher Energy Prices Lift U.S. Inflation Ahead of Midterm Elections
Left outlets present inflation as higher than predicted because of energy costs, and the New York Times stresses the political and Federal Reserve pressure ahead of the midterms.
Axios treats the report as a sign the inflation fight is far from over, making further Federal Reserve rate hikes more likely.
- BreitbartConsumer Prices Rise Sharply
- Daily WireAmericans Get Final Inflation Report Before Midterms. Here’s What It Shows.
Right outlets focus on the figures, such as monthly and annual rates, and gasoline prices; Fox says faster than expected, the Daily Wire says mostly as expected.