Key Fed inflation rate hits 2.1% in September, as expected
- The key Fed inflation rate reached 2.1% in September, down from 2.3% in August, according to the Commerce Department.
- Inflation has decreased significantly since peaking at 7.1% in June 2022.
- The Fed is expected to lower its interest rate further in November and December due to slowing inflation.
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Coverage Details
Total News Sources0
Leaning Left8Leaning Right4Center12Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 33%
C 50%
R 17%
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