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US Inflation Slows to 2.4% in September, Strengthening Rate-Cut Bets

US inflation cooled more than expected in September, with the Consumer Price Index rising 2.4% from a year earlier, according to the latest government data. That marks the lowest annual inflation rate since February 2021 and came in below economists’ forecast of 2.6%. On a monthly basis, prices continued to moderate, suggesting that the post-pandemic surge in inflation is easing further. Core CPI, which strips out…

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US Inflation Edges Up 0.2% in September, Strengthening Fed Cut Bets

US consumer prices rose 0.2% in September, coming in below economists’ expectations for a 0.3% increase, according to the latest inflation data. On an annual basis, the Consumer Price Index held steady at 2.4%, suggesting that price pressures continued to moderate after a period of elevated inflation. A closer look at the report showed that core CPI, which excludes the more volatile food and energy categories,…

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US Inflation Eases to 2.7% in November, Strengthening Rate-Cut Bets

US inflation cooled more than expected in November, offering fresh evidence that price pressures are continuing to ease. The Consumer Price Index rose 2.7% from a year earlier, down from recent readings and the lowest annual pace since 2021. Economists had expected a 2.8% increase. On a monthly basis, consumer prices also showed a modest gain, reinforcing the view that inflation is gradually moving closer to the…

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US Inflation Cools to 2.4% in September, Strengthening Case for Fed Rate Cut

US consumer inflation eased more than expected in September, with the Consumer Price Index rising 2.4% from a year earlier, according to the latest government data. That marked the slowest annual increase since February 2021 and came in below economists’ forecast of 2.6%, suggesting price pressures continue to moderate. On a monthly basis, the report pointed to a softer inflation backdrop as higher borrowing costs…

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