US Consumer Prices Rise Again in September Amid Tariff Impact, Fed Rate Cut Looms

U.S. consumer prices rose in September, driven by tariff-sensitive goods, but this inflation trend is unlikely to deter the Federal Reserve from an impending interest rate cut.

• The Consumer price index is expected to reflect a solid rise in September, marking the second consecutive month of increased household costs for certain goods impacted by tariffs.
• The Bureau of Labor Statistics will release the report indicating underlying inflation remained elevated, particularly in the service sectors like air travel and accommodations.
• Despite rising prices, analysts predict that the Federal Reserve will proceed with a rate cut next week, aiming to support economic growth amid inflationary pressures.