🚨BREAKING:🚨 Despite the ongoing government shutdown, the U
Fairy Crypto
Updated at: 3 hours ago
{"content":"🚨BREAKING:🚨 Despite the ongoing government shutdown, the U.S. CPI report will still be released on October 24.
Economists expect inflation to rise slightly to 3.1 percent, up from 2.9 percent last month. It may sound like a small change, but this number could carry major weight ahead of the Federal Reserve’s meeting next week.
Here is why it matters so much right now:
The Federal Reserve bases its entire monetary policy on inflation and employment data. The job market has been losing strength, with higher unemployment claims and slower hiring pointing to a cooling economy.
If the CPI reading comes in lower than expected, it would strengthen the case for a rate cut and likely spark a dovish tone from the Fed.
If it comes in hotter than expected, the Fed will probably remain cautious, keeping interest rates steady to prevent inflation from flaring up again.
With the economy caught between cooling growth and sticky inflation, this CPI release could be one of the most influential data points of the year.
All eyes are on October 24, when one inflation number could set the direction for markets, rate policy, and the mood across Wall Street for the rest of 2025.","images":["https://d35imkjvkj28kt.cloudfront.net/uploadfile/article/blog/2025102025/10/20/3a6a03b074d1491cb96af3e42b895fc1.jpg"],"tags":[],"tradingPairs":[],"quotearticleid":0}