September CPI Report: A Few Lurking Concerns


Man holding shopping basket with bread and milk groceries in supermarket

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By Seema Shah, Chief Global Strategist

The September Consumer Price Index (CPI) showed that inflation continues to edge towards the Federal Reserve’s (Fed’s) 2% target. Annual headline inflation remained unchanged at 3.7%, but core inflation eased from 4.3% to 4.1%, marking its lowest level since September 2021.



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