Fed's Inflation Measure Stable, Boosting Rate Cut Hopes
Update: 2025-12-05
Description
Federal Reserves preferred inflation measure remained steady in September, potentially setting the stage for an upcoming interest rate cut. Core prices rose by 0.2%, aligning with the previous months increase. Despite inflation slightly surpassing the Feds 2% target, factors like weak hiring and modest economic growth may gradually decrease price increases. Consumer spending grew by 0.3% in September, a slight decrease from August, but Black Friday weekend spending surged, potentially boosting fourth quarter growth. Personal incomes also increased by 0.4% in September.
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