What September's 'K-Shaped' Inflation Report Means for the Fed
Bloomberg Televisionยท2025-10-24 20:42
It's a September surprise. Monthly consumer price inflation came in a tick lower than forecast last month for both headline and core, up 3/10 and 2/10. Housing, food and car costs were remarkably restrained.The government's measure of home prices rose at the slowest pace since January 2021. The White House hailed the numbers and analysts say it confirms the Fed will cut rates again. But annual inflation is still rising, both core and headline up 3% over the past 12 months.The Fed's target is 2%. Furniture, ...