September CPI Report: What the Experts Are Saying About Inflation

A stronger-than-expected reading on headline inflation supports the Fed's higher for longer stance on interest rates, experts say. Headline inflation rose by more than economists were expecting last month, the September Consumer Price Index (CPI) showed Thursday, supporting the view that higher for longer interest rates will be necessary to bring inflation down to the Federal Reserve's long-term target. Consumer prices rose 0.4% in September – down from a 0.6% increase in August – the Bureau of

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