Forward Guidance: U.S. Core Inflation to Tick Higher in September Despite Slower Energy Price Growth

U.S. headline inflation likely fell for a third consecutive month in September as oil prices dropped (by 8.6% month-over-month). Gasoline prices were up more than 16% from a year ago, easing down from a 26% year-over-year jump in August. While headline inflation began its descent in June, food price growth has kept climbing—hitting a new […]

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