United States Economy – Page 32

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.

Housing costs represented more than 70 percent of the total year-over-year price increase for all items less food and energy.

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.”

Treasury Secretary Janet Yellen calls on Congress to authorize more economic support for Ukraine.