U.S. inflation remains steady at 3.7% in September

Investing.com -- Headline U.S. consumer price growth remained unchanged in September, potentially complicating the Federal Reserve's upcoming policy decisions aimed at corraling elevated inflation.

The consumer price index (CPI) remained at 3.7% on an annual basis and slipped to 0.4% from 0.6% month-on-month. Economists had expected a reading of 3.6% and 0.3%.