dreamers
@dreamers
The key Fed inflation rate reached 2.1% in September, as expected, bringing it closer to the Fed's target. Inflation rose slightly in September, moving closer to the Federal Reserve's target, according to a Commerce Department report released Thursday. The personal consumption expenditures price index increased 0.2%, seasonally adjusted for the month, while the 12-month inflation rate was 2.1%, in line with Dow Jones projections.
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