02-October-2026
Economy News
 
Fed Seen on Pause in October After Inflation Data
01-Oct-2026

A Federal Reserve rate hike next month looked less likely Wednesday after fresh government data showed inflation rose less than expected in August, easing pressure on the US central bank to act on the eve of hotly contested national elections in November. The Personal Consumption Expenditures Price Index rose 3.4% in the 12 months through August, the Bureau of Economic Analysis reported, after a downwardly revised 3.4% in July.

News Source:- https://money.usnews.com/investing/news/articles/2026-09-30/fed-seen-on-pause-in-october-after-inflation-data
 
 
 

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