šØSeptember Inflation: Cooling, But Still on the Radar ššøš ā½š
šSeptemberās inflation numbers tell a story of slow but steady change š. Consumer prices rose 0.3% last month, slightly below expectations š¤, while year-over-year inflation ticked up to 3.0%, just above Augustās 2.9% š. Core inflation, which strips out food and energy, increased 0.2%, showing gradual progress toward price stability š¦.
Gasoline ā½ was the main culprit, jumping over 4% š„, while housing š and other core services hinted at easing. The overall picture is mixed: prices arenāt spiking ā ļø, but they havenāt fully cooled either āļø.
For markets š¹ and the Fed, the path ahead remains delicate āļø. Slower inflation could allow for gentle rate cuts āļø, but lingering pressure may keep policymakers cautious. The next few months will be tellingāwhether the economy is truly settling into a steady pace š¢ or just taking a breatherā¼ļø
