Inflation continues to spiral downward toward the Federal Reserve’s goal of 2%, pointing to further interest rate cuts in the coming months and other positive signs for the housing market. The Consumer Price Index (CPI)—one of the main measures for inflation—rose 2.4% year-over-year in September, only 0.1 percentage points down from August’s rise of 2.5%.…

The post Inflation Sees Smallest Annual Increase Since February 2021 appeared first on RISMedia.

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