Reported about 7 hours ago
Economists forecast that the Consumer Price Index (CPI) will show a 3.1% rise in inflation for September, marking the highest rate in 17 months, largely due to the impact of tariffs following President Trump's import taxes. This ongoing inflation trend could pose challenges for the Federal Reserve’s efforts to manage rates, although lower rent increases may help offset some of the inflationary pressure. The report, delayed due to a government shutdown, is significant as one of the few economic data releases during this period.
Source: YAHOO