Economists think inflation around the U.S. continued to climb in September, edging farther away from the Fed's 2% annual target.

The Friday release of September's consumer price index report is pretty much the only game in town this month.

The Consumer Price Index likely rose 3.1% over the year in September, according to forecasters. That would be the highest inflation in nearly a year and a half, which would underscore how tariffs have pushed up inflation that had been decelerating before President Donald Trump imposed double-digit import taxes.

Experts believe headline inflation accelerated in September, giving the Fed caution as it weighs further rate cuts.

President Trump is facing growing pressure over his handling of the economy as inflation rises, the job market weakens and American exporters suffer backlash from his trade agenda. Federal data set to be released Friday is expected to show annual inflation hitting 3 percent for the first time since the Biden administration — a

Swiss National Bank officials decided against an interest-rate cut last month, assessing their monetary stance to be stimulative enough to stoke inflation in coming quarters.

The UK inflation rate for all items remained stable at a lower-than-expected 3.8% in the year to September, official figures show. Chancellor Rachel Reeves said she was "not satisfied with the numbers" on inflation, while shadow chancellor Mel Stride said it was "pushing up the cost of living".

Britain's inflation rate looks set to hit 4% in September in data due for release on Wednesday, the highest among the world's big rich economies and double the Bank of England's target.

Sinead Colton Grant said precious metals are volatile and although good hedges when there's a shock, not as reliable as equities in the long term.