CPI Data Suggests Possibility of December Rate Cut

Reported 11 days ago

The Consumer Price Index (CPI) for October met expectations, indicating persistent rental inflation, which prompts economist Kathy Bostjancic to suggest that the Federal Reserve may consider another rate cut in December. While she maintains a cautious optimism, she notes ongoing rental inflation as a concern that could impact the Fed's decision-making.

Source: YAHOO

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