The consumer price index for September showed that core inflation unexpectedly cooled in September. The Federal Reserve is a lock to cut its key interest rate at next week's policy meeting and likely keep on cutting, thanks to easing services inflation and only a moderate bite from Trump tariffs. For now, the Fed has a clear bias toward rate cuts because its concern about the risk of higher unemployment outweighs worries that Trump tariffs will pose a lasting risk to higher inflation.
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Cool CPI Inflation Data Gives Fed Room For More Cuts (Live Coverage)
Published 2 weeks ago
Oct 24, 2025 at 12:40 PM
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