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Inflation up modestly in September; Fed on track for cut

Inflation up modestly in September; Fed on track for cut

Update: 2025-10-24
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The Bureau of Labor Statistics released its latest Consumer Price Index reading Friday morning, showing inflation rose by 0.3% in September, slightly below August's pace. The report also found core inflation steady at 3.0%, even as shelter costs eased and gasoline prices spiked.
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Inflation up modestly in September; Fed on track for cut

Inflation up modestly in September; Fed on track for cut

Ebrima Santos Sanneh