
The latest Consumer Price Index (CPI) report showed that President Donald Trump's tariff policies have had a muted impact on cost pressures. And it all but guarantees that the Federal Reserve will cut rates again when it meets next week.
According to the Bureau of Labor Statistics, headline CPI was up 0.3% month over month in September, slower than the 0.4% rise seen in August and the 0.4% increase economists expected.