Federal Reserve System – Page 11

Inflation Slowdown Remains Bumpy, September Consumer Price Data Shows

Prices are rising at a pace that is much less rapid than in 2022, but signs of stalling progress are likely to keep Federal Reserve officials wary.

Investors doubt that central bankers will lift borrowing costs again following big market moves that are widely expected to cool growth.

A war in the Middle East could complicate efforts to contain inflation at a time when world output is “limping along.”

The report for September showed surprising strength in the economy, but that strength has become a cause for concern among investors.

Federal Reserve officials are happy when the labor market looks strong, but they are trying to cool the economy down to fully wrangle inflation.