US consumer prices rise slightly above expectations in September

Quick Summary:

The CPI climbed 2.4 per cent in the 12 months through September.

Minutes of that meeting published on Oct 9 showed a “substantial majority” of policymakers supported beginning an era of easier monetary policy, but there appeared even broader agreement that the initial move would not commit the Fed to any particular pace of rate reductions in the future.

In the 12 months through September, the CPI climbed 2.4 per cent.

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Article Details

Category: EconomyBusiness

Markets: Singapore

Topics: Labour Month Inflation Consumer Rates September August Months Rate Cent Increased

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-10 @ 21:15:00 (5 hours ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 587 words

Reading Time: 4 minutes read

Sentences: 29 lines

Sentence Length: 21 words per sentence (average)

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Copyright Owner: © The Straits Times

News ID: 22979742

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