Inflation Cools More Than ExpectedJohn Carney 24 Oct 2025
Consumer prices rose less than expected in September, government data showed Friday, clearing the path for further rate cuts from the Federal Reserve.
The consumer price index increased 0.3 percent last month, down from the 0.4 percent in August. Economists had forecast a 0.4 percent increase.
Compared with a year ago, consumer prices are up 3.0 percent, slightly below the 3.1 percent forecast.
Core prices, a metric that excludes food and energy prices, rose 0.2 percent, below the estimate for 0.3 percent. Over the past 12 months, core prices are up 3.0 percent.
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