Home News What to Expect From September’s CPI Inflation Report

What to Expect From September’s CPI Inflation Report

October 8, 2024

by Simon Moore
Forbes

Consumer Price Index inflation data to be released on October 10 is expected to provide some support for the Federal Open Market Committee cutting rates in November. However, unemployment data may ultimately matter more for the FOMC’s decision making.

Recent Inflation Data

All inflation metrics are down over the past 12 months according to the Atlanta Fed’s Dashboard that measures a range of inflation metrics. Specifically, headline annual CPI inflation is 2.5% to August 2024 and core CPI, which removes swings in food and energy prices is 3.2%.

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