US inflation rate fell to 2.4% in September − here’s what that means for interest rates and markets
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US inflation rate decreased to 2.4% in September 2024; down from 2.5% in August; peaked at 8.9% in June 2022; Federal Reserve's target is 2%; Jerome Powell is the Fed chair; Fed cut federal funds rate by 0.5 percentage points in September; unemployment rose to 4.3% in July; markets optimistic about potential further rate cuts in November and December 2024; investors expect two 25-basis-point cuts by end of 2024.

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https://theconversation.com/us-inflation-rate-fell-to-2-4-in-september-heres-what-that-means-for-interest-rates-and-markets-240872