Inflation ticked up 3% in Sep., U.S. belatedly reports
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Consumer inflation rose to 3% in September, just shy of what experts expected, according to the Consumer Price Index report released Friday. The report from the Bureau of Labor Statistics showed prices rose 0.
September inflation reached 3.1% annually, above the Fed's 2% target, but rate cuts remain likely despite the uptick.
September CPI shows cooling inflation and rising equities as Fed rate cuts loom. Click for my look at the latest data and what it may mean for markets.
BAKERSFIELD, Calif. (KERO) — The CPI is one of the main data tools used by the US government to measure and track inflation. Since the recent tariffs acts made by President Trump, consumers are seeing an increase in everyday items. Current CPI is ...