Fed's favorite inflation indicator stayed elevated in September as spending weakened
Fastcompany·2025-12-08 12:01

Subscribe to the Daily newsletter.Fast Company's trending stories delivered to you every day Privacy Policy | The Federal Reserve's preferred measure of inflation changed little in September, likely easing the way to a widely expected interest rate cut by the central bank next week. Prices rose 0.3% in September from August, the Commerce Department said Friday, in a report that was delayed five weeks by the government shutdown. It matched the increase recorded during the previous month. Excluding the volati ...