U.S. Inflation Holds at 3% in September Despite Market Hopes for Cooling
The U.S. Consumer Price Index rose 3% year-over-year in September, maintaining pressure on household budgets and complicating the outlook for future interest-rate cuts.
Inflation & Prices
Follow the latest data and trends on inflation, producer prices and consumer costs around the world. This section explains what CPI and PPI figures mean for households, businesses and policymakers. We provide clear updates and analysis to show how price pressures influence interest rates, wages and economic growth, giving readers a straightforward view of one of the economy’s most important indicators.
Fed Cuts Rates by 0.25%, Signals Two More Reductions Amid Labor Market Concerns
The Federal Reserve lowered its benchmark rate by 0.25% to 4.00%–4.25%, its first step in a projected series of cuts as job growth slows and inflation stays high.