CPI, Inflation
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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.
The Bureau of Labor Statistics' September consumer price index is the first major economic report to be released since Oct. 1 .
U.S. consumer prices likely rose solidly for a second straight month in September as households paid more for some tariff-sensitive goods, but firmer inflation was not expected to stop the Federal Reserve from cutting interest rates again next week.
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 annual inflation rate ticked higher in September, amid higher prices at the gasoline pump and a more muted increase at the grocery store.
Experts believe headline inflation accelerated in September, giving the Fed caution as it weighs further rate cuts.
() – A partial government shutdown has paused many federal data releases, but two key reports on housing and inflation are still on deck. The Bureau of Labor Statistics (BLS) will publish September's Consumer Price Index on Friday,
The Bureau of Labor Statistics published the new inflation report during the government shutdown, which has affected some of its operations.
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