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   From: nospam@ix.netcom.com   
      
   Inflation continued to cool in September to the lowest level in three   
   years, though the report came in slightly hotter than expected.   
      
   The Labor Department on Thursday said the consumer price index (CPI) — a   
   broad measure of how much everyday goods like gasoline, groceries and rent   
   cost – rose 0.2% in September from the prior month and was up 2.4% from a   
   year ago.   
      
   Economists predicted that inflation would slow to 2.3% on an annual basis   
   with it rising 0.1% from last month, according to estimates by economists   
   surveyed by LSEG.   
      
   So-called core prices, which exclude more volatile measurements of   
   gasoline and food to better assess price growth trends, were up 0.3% on a   
   monthly basis and 3.3% compared to a year ago — slightly higher than   
   economists' expectations of 0.2% and 3.2%, respectively.   
      
   Overall, the report showed signs that inflationary pressures in the U.S.   
   economy are continuing to ease, though prices remain above the Federal   
   Reserve's 2% target.   
      
   High inflation has created severe financial pressures for most U.S.   
   households, which are forced to pay more for everyday necessities like   
   food and rent. Price hikes are particularly devastating for lower-income   
   Americans, because they tend to spend more of their already-stretched   
   paycheck on necessities and therefore have less flexibility to save money.   
      
   https://www.foxbusiness.com/economy/cpi-inflation-september-2024   
      
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