Reported about 7 hours ago
Economists report that the Consumer Price Index (CPI) rose unexpectedly in September, prompting discussions on the Federal Reserve's approach to inflation. While the Fed maintains a target of 2%, experts suggest it is now more tolerant of inflation rates around 2.5%. Analysts argue that despite persistent inflation in shelter prices, the central bank is unlikely to take drastic measures that could lead to a recession.
Source: YAHOO