Headline inflation rose by more than economists were expecting last month, the September Consumer Price Index (CPI) showed Thursday, supporting the view that higher for longer interest rates will ...
It's also the smallest annual reading since February 2021. The September CPI figure was slightly higher than economists predicted, however. There were some trouble spots, such as an uptick in ...
Inflation decelerated in September, but not as much as forecasters had expected, thanks to an uptick in grocery prices. Core inflation rose on a year-over-year basis, dealing a setback to progress ...
The Bureau of Labor Statistics is set to release the September CPI reading on Thursday at 8:30 a.m. Eastern. Economists surveyed by FactSet expect that inflation eased for a sixth consecutive ...
Core CPI measured 3.3% year over year in September—an uptick from the 3.2% rate recorded in August. On a monthly basis, core inflation remained stable at 0.3% last month, the same pace as August.
"Nothing in today's CPI report precludes a Fed rate cut in September, but it also doesn't scream out for a panicked half-point cut either." As of August 14, futures traders assigned a 65% ...