Americans Brace for 4.6% Inflation, Oil Falls, Stocks Rise | Sept 25 Money Update

Americans now expect 4.6% inflation over the next year, up from 4.0%, as University of Michigan consumer sentiment falls to 48.1, and Cleveland Fed President Beth Hammack warns of an inflationary mindset; U.S. Crude falls 2.3% to $92.44 as Saudi exports hit their highest since the Iran war began; and stocks rise to end a volatile week, with the Dow up 479 points and Costco up 2.9%.

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