The Forecast Is Beaten

Oct 15, 2026 · 0:29

The city of Ledgerville! Wholesale prices jumped 1.3% in September. Mayor Pennywhistle: is that a lot? Dash: the forecast was 0.6%, and it's the fastest rise in more than four years. Pop: mostly fuel; gas prices soared. Zap: the case for a rate hike just got stronger, a day after hot consumer inflation, with the Fed meeting later this month. And so, once again, the forecast is beaten.

Wholesale prices rose 1.3% in September, more than double the 0.6% economists expected and the fastest rise in more than four years, driven by fuel costs, a day after hotter-than-expected consumer inflation, which strengthens the case for the Fed to raise rates again later this month.

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