U.S. Inflation Eases as Fed Prepares for Potential Rate Cuts
The Federal Reserve faces a complex decision on interest rates amid easing inflation and upcoming jobs data.
- The U.S. personal consumption expenditures (PCE) price index rose 2.1% in September, nearing the Fed's 2% inflation target.
- Core inflation, excluding food and energy, increased by 2.7% year-over-year, slightly higher than expected.
- The Federal Reserve is anticipated to cut interest rates by a quarter-point at its November meeting, with a possible additional cut in December.
- Upcoming jobs data could influence the Fed's decision, with economists expecting 113,000 new jobs added in October.
- Market reactions are closely tied to the Fed's decisions and the outcome of the U.S. presidential election, which could impact economic policies.









































































































































