ACN Business

US inflation rate fell to 2.4% in September − here’s what that means for interest rates and markets

Written by Jason Reed, Associate Teaching Professor of Finance, University of Notre Dame

All eyes on the CPI.Sila Damrongsaringkan/Getty Images Plus

It wasn’t that long ago that the Federal Reserve, the central bank for the United States, was worrying that annual inflation would surpass 9% in the middle of 2022. The U.S. economy hadn’t seen prices rise that fast since the 1980s, and most everyone feared that a series of...

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