Friday’s CPI inflation report was good news. Inflation remains above the Fed’s 2 per cent target, but the trend in September was down: Both durable goods (where there has been upward pressure from tariffs) and core services showed a declining trend:

A big unknown ahead of the September CPI is how much the government shutdown, which started Oct. 1, impacts the data. Ten days later, statisticians at the Bureau of Labor Statistics were called back to work to complete the report.

BLS releases US CPI data for September, making it a key report for Fed's interest rate decision as shutdown halts other data.

Friday's consumer-price index report likely leaves the Federal Reserve on course to cut interest rates next week and to maintain a soft bias favoring another cut at the meeting after that. Fed leaders

The CPI(M) government had earlier refused to implement the scheme, and CPI is upset at the shift, calling it a departure from Left principles. Sivankutty said non-implementation would have cost the state Rs 1,

Markets may be celebrating cooler-than-expected inflation, but for many Americans still facing higher grocery, energy, and housing costs, the relief hasn’t arrived.

Major stock indexes hit record highs Friday after the release of slightly cooler-than-expected September inflation data that reinforced expectations the Federal Reserve will cut interest rates next week.

The softer-than-expected CPI report cemented expectations that the Federal Reserve will lower interest rates next week, but nothing is certain for December, economists said. Richard Moody, chief economist at Regions Financial,