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Fed’s Rate Decision May Have Come Down to Phone Plan Changes

Bloomberg Technology Friday 11 September 2026, 15:43 UTC By Jeffrey Sparshott and Matthew Boesler 1 min read
Key Points

A record jump in the price of cellular phone services helped tip a key measure of US inflation above forecasts, likely sealing the deal for a Federal Reserve interest-rate increase next week.

A record jump in the price of cellular phone services helped tip a key measure of US inflation above forecasts, likely sealing the deal for a Federal Reserve interest-rate increase next week.
Fed (ORG) US (LOCATION) Federal Reserve (ORG)
Originally published by Bloomberg Technology Read original →

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