Reserve

Core

United

Time

<div class="watcher-guru">
 <p>In what is certainly a welcomed turn of events for policymakers, US inflation has fallen to 3.2%. Indeed, the Bureau of Labor Statistics (BLS) Consumer Price Index (CPI) data has displayed a decline in annual rates for the first time in three months following the September inflation rate of 3.7%.</p>
 <p>The development is certainly a positive one for the Federal Reserve. Moreover, it points to a potentially continuing downtrend, with inflation continuing to slow over the last several months. Additionally, the report shows that prices have increased a mere 0.1% compared to last month.</p>
 <figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
  <div class="wp-block-embed__wrapper">
   <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
    <p lang="en" dir="ltr">BREAKING: 🇺🇸 US inflation falls to 3.2%, lower than expectations.</p>
    <div class="quads-location quads-ad33739 " id="quads-ad33739" style="float:none;margin:0px 3px 3px 3px;padding:0px 0px 0px 0px;">
     <div class="publift-ad add">
      <div data-fuse="22560828227"></div>
     </div>
    </div> — Watcher.Guru (@WatcherGuru) November 14, 2023
   </blockquote>
  </div>
 </figure>
 <p><strong>Also Read: <a rel="noopener noreferrer nofollow" title="US Inflation" href="https://thebittimes.com/tag/us-inflation.html">US Inflation</a> Rate in September Remains at 3.7%</strong></p>
 <h2 class="wp-block-heading" id="h-us-inflation-falls-for-october-for-first-time-in-three-months">US Inflation Falls for October For First Time in Three Months</h2>
 <p>The past year has seen the Federal Reserve enact a year-long tightening campaign to combat growing inflation. The efforts had resulted in rising interest rates, while inflation remains a key metric in the Fed’s future action regarding that same campaign. Yet, the data for October seems to be pointed in the right direction.</p>
 <div class="quads-location quads-ad15192 " id="quads-ad15192" style="float:none;margin:0px 3px 3px 3px;padding:0px 0px 0px 0px;">
  <div id="primisContainer" class="add"></div>
 </div>
 <p>According to data released today, US inflation has fallen to 3.2%, which is down from the 3.7% level that was recorded for September. Additionally, the downtrend signifies the figure’s first decline in three months. Moreover, it should greatly inform the upcoming Fed policy meeting set to take place in December.</p>
 <figure class="wp-block-image size-large"><img decoding="async" width="1024" height="683" src="https://cdn.thebittimes.com/images/2023/11/14/128a29d7ee241385a7918d4da0065c2b.webp" alt class="wp-image-117670" srcset="https://cdn.thebittimes.com/images/2023/11/14/128a29d7ee241385a7918d4da0065c2b.webp 1024w, https://cdn.thebittimes.com/images/2023/11/14/128a29d7ee241385a7918d4da0065c2b.webp 300w, https://cdn.thebittimes.com/images/2023/11/14/128a29d7ee241385a7918d4da0065c2b.webp 768w, https://cdn.thebittimes.com/images/2023/11/14/128a29d7ee241385a7918d4da0065c2b.webp 1536w, https://cdn.thebittimes.com/images/2023/11/14/128a29d7ee241385a7918d4da0065c2b.webp 2048w, https://cdn.thebittimes.com/images/2023/11/14/128a29d7ee241385a7918d4da0065c2b.webp 380w, https://cdn.thebittimes.com/images/2023/11/14/128a29d7ee241385a7918d4da0065c2b.webp 550w, https://cdn.thebittimes.com/images/2023/11/14/128a29d7ee241385a7918d4da0065c2b.webp 800w, https://cdn.thebittimes.com/images/2023/11/14/128a29d7ee241385a7918d4da0065c2b.webp 1160w, https://cdn.thebittimes.com/images/2023/11/14/128a29d7ee241385a7918d4da0065c2b.webp 2121w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   Source: Investopedia
  </figcaption>
 </figure>
 <p><strong>Also Read: What is Core Inflation?</strong></p>
 <p>The inflation numbers for the United States had remained steady at 3.7% for the past two months. Yet, this month’s inflation is the lowest that the country has recorded since July, when inflation rates came in at the same 3.2%. Still, the rates have shown a steady decline, aligning with Fed action. April and May noted inflation rates above 4%.</p>
 <p>Conversely, the data shows that the core price, without including food and energy, has risen 0.3% from September. Comparatively, Stepmer saw prices increase by 0.2% from the month before, denoting what could be a developing trend. Ultimately, these kinds of numbers should be vitally important to inform the Fed’s next interest rate decision. The US bank will meet on December 12th and 13th for the final time in 2023.</p>
 <div class="quads-location quads-ad33742 " id="quads-ad33742" style="float:none;margin:0px 3px 3px 3px;padding:0px 0px 0px 0px;">
  <div class="publift-ad add">
   <div data-fuse="22560828233"></div>
  </div>
 </div>
</div>
<div class="cs-entry__tags">
 <ul>
  <li>US Inflation</li>
 </ul>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/us-inflation-falls-to-3-2-tbt70236.html">https://thebittimes.com/us-inflation-falls-to-3-2-tbt70236.html</a></p>

US Inflation Falls to 3.2%

Table of Contents

TheBitTimes

Other articles published on Nov 14, 2023

Should You Take Crypto Payments as a Freelancer?

China’s public card game developer to put $100m in BTC and ETH

Coinbase Expansion Leader Nana Murugesan Set to Exit in 2024

Solana Dips Below $64 Resistance, FTX Wallets Move $13.5M SOL Amid Rally Pause, What Next?

If Bitcoin Price Holds Strong, It Could Rise to $42,000! How?

XRP giveaway scam, Ripple CEO issues warning

Join our free newsletter for daily crypto updates!