US Inflation

WORLD

U.S. Inflation reaches lowest level in 3.5 years

October 31, 2024
3.5 years lowest level
US Inflation

While monthly inflation experienced a slight uptick, the annual rate continued to ease, meeting expectations. In September, U.S. inflation, measured by the Federal Reserve’s preferred Personal Consumption Expenditures (PCE) index, slowed to its lowest level in 3.5 years, despite a minor increase on a month-to-month basis. The Department of Commerce reported a 2.1% annual rise […]