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Benzinga
Benzinga
Business
Piero Cingari

Inflation Cools Enough To Bolster Fed Rate Cuts — And Markets Are Loving It

inflation midjourney

Price pressures edged up in September, but at a slower-than-expected pace, with key inflation metrics reinforcing the Federal Reserve's current rate-cut path and fueling investor optimism on the stock market.

The headline CPI rose 3% year-over-year, according to Friday’s report from the Bureau of Labor Statistics — released after a nine-day delay due to the government shutdown.

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