Inflation Rises To 3.0% In Sep., Lower Than Expected
Digest more
The Bureau of Labor Statistics is set to release the Consumer Price Index report Friday, two weeks after calling back economists and other employees to prepare the document despite the government shutdown.
Inflation last month rose at an annual rate of 3%, coming in below economists' forecasts as the impact of President Trump's tariffs remain muted.
The latest CPI numbers marks the first government data released since the shutdown started at the beginning of the month.
The BLS on Friday released its much-anticipated inflation report, delayed a week and a half because of the government shutdown.
The September CPI report showed that inflation remains tame – and all but confirms another rate cut from the Fed.
The September Consumer Price Index (CPI) report — a key ingredient in determining the annual Social Security cost-of-living adjustment (COLA) — will be del
The pace of inflation likely picked up last month, but not enough to prevent the Federal Reserve from cutting interest rates next week. The Bureau of Labor Statistics is scheduled to publish the consumer price index for September on Friday at 8:30 a.
Every government economic report has been delayed due to the shutdown, except for one: the CPI. How come? Annual cost-of-living adjustments for Social Security are determined after the September consumer-price index is published.