CPI Report: Inflation Sticking Around, Fed Still to Cut?
Update: 2025-10-23
Description
Inflation Stays Stubbornly High: Will the Fed Still Cut Rates?September's CPI data, delayed by the government shutdown, reveals inflation holding strong at 3.1%, defying the Fed's 2% target. Tariffs and rising service costs are key culprits, with economists warning of further price hikes as companies pass costs to consumers. Despite this, markets still anticipate a Federal Reserve interest rate cut later this month.
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