Inflation improved in Sep.—but remained high
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Key economic data includes a delayed September reading of the Federal Reserve's preferred inflation gauge. Here's what to watch: Inflation data: September's personal-consumption expenditures price index,
Friday's inflation data could soothe some worries about price growth. In September, the Fed's preferred inflation metric slowed down on an annual basis for the first time since April, BEA data showed Friday.
October jobs and inflation reports are canceled and November data are delayed until after the Fed's Dec. 9-10 meeting. What this may mean for rates.
Key monthly metrics from the US government continue to be released now that the shutdown has ended. Next up: September wholesale inflation and retail sales.
U.S. stock futures rose in premarket trading on Friday ahead of a key inflation report that will be some of the last data Fed officials see before making their final interest rate call of the year.
Follow for live news and analysis of the Fed's preferred inflation gauge, the personal consumption expenditures price index. The September reading is due to be released on Friday morning.
The latest inflation data release, September's Personal Consumption Expenditures (PCE) data, showed prices rose in line with expectations. This report will be the US federal government's final data release before the Federal Reserve's last FOMC meeting of the year,