Reported 2 months ago
The Consumer Price Index (CPI) report for September is anticipated to show a slowdown in inflation, with headline rates expected to drop to 2.3% from August's 2.5%. Core inflation may remain steady at 3.2%, indicating continued elevated costs in key areas like housing and services. While the Federal Reserve might consider a small rate cut in November, risks such as rising oil prices and supply chain disruptions could pose challenges to this easing cycle.
Source: YAHOO