Investors Anticipate Inflation Data and Potential Federal Reserve Actions

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Source: CBS News
Investors Anticipate Inflation Data and Potential Federal Reserve Actions
Photo: CBS News
TL;DR Summary

The US government is releasing a delayed September inflation report, with economists predicting a 3.1% rise in the Consumer Price Index, the highest in 16 months, influenced by tariffs and supply chain factors. The inflation rate impacts Social Security benefits, expected to increase by around 2.7%. Despite recent rises, inflation is forecasted to ease next year, though risks remain if costs spill over into services.

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