Report on Inflation for September Could Indicate Future Fed Moves

The U.S. inflation report for September will reveal how consumer prices moved in August.

Providing insight into whether cost-of-living rises have slowed down since they started to accelerate last year.

The Labor Department reported last month that the consumer price index increased 8.3% in August from a year earlier. 

That was a decrease from the highest inflation rate in forty years, which was an annual increase of 8.5% in July and 9.1% in June.

As gas prices decreased, inflation began to decline from its peak in June.

However, costs for housing, healthcare, utilities, and other commodities have continued to rise, raising the risk of prolonged high inflation.


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