Reported 3 months ago
US inflation is projected to have moderated at the end of Q3, with the consumer price index rising only 0.1% in September, its smallest gain in three months. This gradual slowdown reassures the Federal Reserve, which is shifting its focus towards supporting the labor market. Upcoming reports on consumer sentiment and producer prices are expected to reflect a similar trend of easing inflation, potentially influencing the Fed's decisions on interest rates in their next meetings.
Source: YAHOO