US inflation likely eased in September, with consumer price index rising 0.1%

From Yahoo Finance: 2024-10-06 02:16:04

US inflation likely eased in September, with consumer price index rising 0.1% and likely up 2.3% compared to last year. Fed may opt for smaller interest-rate cut with inflation slowdown. Producer price index report expected to show tamer inflation. Central banks worldwide may cut rates, with RBNZ expected to cut by half a percentage point. Bank of Korea may trim rates by quarter point amid housing market concerns. European nations and Middle Eastern countries also have central bank decisions and economic data releases scheduled. Latin America’s big economies to report third-quarter CPI data, with Brazil likely showing continued economic and price growth.



Read more at Yahoo Finance: US Inflation Is Set to Reassure a Labor Market-Focused Fed