Inflation Cools Slightly, But Strong Job Growth Fuels Fears Of “No Landing” Scenario

Oct 10, 2024

Inflation eased slightly in September, but a hotter-than-expected jobs report has reignited concerns that the Federal Reserve may need to reverse course and raise interest rates again. The Consumer Price Index (CPI) rose 2.4% year-over-year, a slight dip from August’s 2.5% increase. However, the U.S.… Inflation Cools Slightly, But Strong Job Growth Fuels Fears Of “No Landing” Scenario