Reported about 14 hours ago
The upcoming Consumer Price Index (CPI) for September is anticipated to maintain inflation around 3%, revealing ongoing challenges for the Federal Reserve in reaching its 2% target due to tariffs and persistent service costs. Despite expectations of a 0.4% monthly rise in headline CPI, concerns about the impact of tariffs on goods prices and a modest adjustment in service sector inflation reflect a complex economic landscape as the Fed prepares for potential rate cuts amid the longest government shutdown in U.S. history.
Source: YAHOO