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US September CPI preview: Inflation seen holding firm near 3% as tariffs complicate Fed's path
September's Consumer Price Index (CPI) is expected to show inflation holding stubbornly around 3%, underscoring how tariffs and service-sector stickiness continue to complicate the Federal Reserve's path toward its 2% target. The report, set for release on Friday at 8:30 a.m. ET, was delayed by the ongoing government shutdown. It marks the first major piece of federal economic data since the shutdown began — now the second-longest in US history with no end in sight. Economists surveyed by Bloomberg expect headline CPI to rise 0.4% month over month, matching August's pace, and 3.1% year over year — the highest ... (full story)
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The US government may be trending toward its longest shutdown in history, but the diligent employees of the Bureau of Labor Statistics are nonetheless working without pay to deliver the September CPI report hats off to them! While the effort of the BLS employees is admirable, this months CPI report is unlikely to lead to any seismic shifts in markets. In ...
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3 percent on a seasonally adjusted basis in September, after rising 0.4 percent in August, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 3.0 percent before seasonal adjustment. Note that September CPI data collection was ...