Inflation Stubbornly Persists as Fed Eyes Rate Cut Next Week
Inflation likely ROSE again in September, keeping the Federal Reserve on high alert. The upcoming data could solidify market expectations for an imminent rate cut while casting uncertainty over December's monetary policy trajectory.
Persistent price pressures complicate the Fed's delicate balancing act between curbing inflation and supporting economic growth. Market participants await the central bank's next MOVE with heightened anticipation.