US inflation fell to 2.4% in September
US inflation fell to 2.4% in September
11/10/2024 6:28

US inflation fell to 2.4 per cent in September but still exceeded expectations, cementing expectations that the Federal Reserve will cut interest rates by a quarter point at its next meeting in November.

Thursday’s headline figure from the Bureau of Labor Statistics was below August’s 2.5 per cent annual increase but above economists’ expectations of 2.3 per cent.

Source: Financial Times

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