Markets continue to price in high odds that the Federal Reserve will cut interest rates again next week. The question for Wall Street: Will the delayed consumer inflation report, scheduled for Friday (Oct. 24), play along? The consensus point forecast expects the consumer price index (CPI) to edge higher, rising 3.1% in September on a year-over-year basis for the headline reading, according to Econoday.com. If correct, the report may give the Fed pause – a 3.1% annual pace in headline CPI will mark the highest inflation rate since May 2024, and strengthen the view that pricing pressure is picking up and has yet to ... (full story)