Inflation, Consumer prices
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Investors are predicting another rate cut at the Federal Reserve’s meeting next week after a better-than-expected inflation report Friday, while stocks reached new highs.
The price increases remained milder than feared, keeping the US central bank on track to cut interest rates next week.
The latest US government inflation report revealed that the prices of products in the country continued to rise in September at an annual rate of 3 per cent.
Seniors and other Social Security recipients are eagerly awaiting Oct. 12. That's the day when the government announces the latest inflation numbers for September. The report will include data that the Social Security Administration (SSA) will use to ...