U.S. Inflation Rises Less Than Expected in September, Boosting Markets
TL;DR Summary
US inflation in September rose 3.0% year-over-year, slightly below expectations, which may influence the Federal Reserve's decision to cut interest rates. The report was delayed due to the government shutdown, but a core team was recalled to ensure its release, impacting Social Security COLA calculations, which will increase by 2.8% next year.
- Inflation rose less than expected in September, the U.S. belatedly reports NPR
- Latest inflation data shows prices rose by fastest pace since January CNN
- CPI Report Live Updates: Inflation Edged Higher in September The New York Times
- Stock Market Today: Dow, Nasdaq Hit New Highs After Inflation Report — Live Updates The Wall Street Journal
- Inflation climbs to highest level since January, beef prices soar ABC News - Breaking News, Latest News and Videos
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