September Inflation Data Shows Mixed Trends and Impacts on Economy
TL;DR Summary
The US inflation rate in September was 3.0%, lower than expected, with modest increases in prices for goods and services, influenced mainly by a rise in gasoline prices. This data, released during a government shutdown, is crucial for the Federal Reserve's upcoming interest rate decision, with markets anticipating a rate cut. Despite the subdued inflation, concerns about tariffs and labor market weakness persist.
- Inflation rate hit 3.0% in September, lower than expected, long-awaited CPI report shows CNBC
- Inflation climbs again. What it means for Fed rate cuts, Social Security, and your wallet USA Today
- Inflation expected to reach highest level in more than a year ABC News - Breaking News, Latest News and Videos
- Trump administration set to release key September inflation data despite government shutdown NBC News
- Inflation rises in September, with gas up 4.1% qz.com
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