Published Nov 2, 2026, 1:02 PM ET · Updated 11 days ago · 2 sources

El Niño Could Raise US Inflation, Boost Jobs in 2027: Fed Study

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El Niño Could Raise US Inflation, Boost Jobs in 2027: Fed Study

A powerful warming of Pacific waters this year — a cyclical phenomenon known as El Niño — could push US prices higher and boost employment next year, according to a new economic letter from the Federal Reserve Bank of San Francisco.