The Fed’s go-to inflation monitor just dropped to the lowest level since the pandemic

Quick Summary:

With inflation continuing to slow, the Fed is expected to further reduce its rate by a quarter-point in November and likely by another quarter-point in December.

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Article Details

Author / Journalist: Christopher Rugaber, The Associated Press

Category: EconomyBusiness

Markets: United States

Topics: Commerce Prices Pandemic Consumer Price Index Inflation Jerome powell Federal Reserve Shopping

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-31 @ 17:13:13 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 26 words

Reading Time: 1 minutes read

Sentences: 41 lines

Sentence Length: 1 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 23352407

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About Fortune

Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 50 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #95

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