CPI Inflation Worse Than Expected Last Month—But Still At 3.5-Year Low In Last Pre-Election Report
This was the last CPI report before Election Day as inflation dwells on the mind of many voters. Since Jan. 2021, when Joe Biden took office, the index has climbed 20.1%, equating to 5.5% annualized inflation, signaling the extended pain many Americans feel even as 12-month inflation rates slow to historically normal levels.
CPI for September: Inflation higher than expected. Fed rate cuts still seen as likely.
Somewhat higher core inflation and a strong September jobs report have raised questions among investors about whether the Fed will cut rates again next month. Social Security’s cost-of-living adjustment will be 2.5% in 2025, down from the 3.2% seen in 2024, the Social Security Administration said on Thursday.
The 3-month average “core CPI” rose by 3.1% annualized, the second month of acceleration in a row. Click to read.
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This month’s main CPI inflation report is out this morning, with results a bit warmer than analysts were expecting. This has ...
The rate of U.S. inflation is likely to slow again in September, but fresh doubts have emerged about whether the Federal ...
America’s inflation continued to slow in September, reaching a fresh three-and-a-half-year low and coming in at a pace that’s ...
Inflation , as measured by the producer price index, fell a tenth of a percentage point to 1.8% for the year ending in ...
It’s important to see whether individual data points cohere into a larger pattern, or if they’re just “janky,” as Atlanta Fed ...
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