By 2.8%… an increase in inflation in America on an annual basis
in September reached 2.8% on an annual basis, which is much higher than the of 2%, according to data issued on Friday.
The Consumer Price Index, which is the Federal Reserve’s preferred indicator for measuring, up from 2.7% in August.
Inflation in America
The report, which was delayed due to the government shutdown, provides the latest key reading on the inflation rate before the Federal Reserve decides on the interest rate next week.
Excluding food and energy prices, prices also rose by 2.8% in September, a decline of 0.1% compared to August, according to the same benchmark.
The data had little impact on the market. US stocks begin trading on Friday.
The Federal Reserve cuts interest rates
Stocks rose slightly during the week, partly due to expectations that the Federal Reserve will cut interest rates next week.
The Federal Reserve cut interest rates in its last two meetings, following indications of a slowdown in the labor market in the United States.
But it is also cautiously monitoring inflation due to the potential risks of tariffs imposed by President Donald Trump, which will increase Prices.
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