Reported 11 days ago
Economists predict that the Consumer Price Index (CPI) report, set to be released on Friday, will show inflation rose by 3.1% in September, marking a 17-month high. This increase is attributed to tariffs implemented during President Trump's administration, which have elevated prices after a period of deceleration. Despite this rising inflation, the Federal Reserve is likely to consider cutting interest rates to support the job market.
Source: YAHOO