Somewhat higher core inflation and a strong September jobs report have raised questions among investors about whether the Fed will cut rates again next month. Social Security’s cost-of-living adjustment will be 2.5% in 2025, down from the 3.2% seen in 2024, the Social Security Administration said on Thursday.

Consumer Price Index inflation data to be released on October 10 is expected to provide further support for the Federal Open Market Committee cutting rates in November.

The CPI rose 0.2% in September and the core CPI rose 0.3%, both numbers stronger than anticipatedThe data reinforces the notion that not only will the Fed not cut rates 50 basis points in November, but might chose to not trim rates at all.

Inflation in September fell to an annual rate of 2.4%, its lowest point since early 2021, as gas and energy costs continued to ease.

U.S. Consumer Price Index tops this week's economic reports. Traders and investors will be watching closely for Fed interest rate policy implications.

Headline CPI rose 2.4% in September, while the core index increased 3.3%, both above expectations. Read more to see my thoughts on the report.

What about the all-important vegetables and fruits? After reporting 10.71% in August 2024, the vegetable inflation has literally spiked to at 35.99% in September. While rural vegetables inflation was at 36.04%, urban vegetables inflation was at 35.88%. In fact, the spike is much sharper in case of urban inflation.

Inflation, measured by the Consumer Price Index (CPI), rose slightly hotter than expected in the month of September. Prices increased by 0.2% month-over-month (0.1% was expected) and 2.4% annually (2.

September CPI inflation falls to 2.4% YoY, but core inflation rises to 3.3%. Read more about the interest rate implications and why defensives are essential.

Indexes slipped Thursday as investors took in higher-than-expected inflation. The latest data has sparked talk of a "no landing" for the US economy.