Somewhat higher core inflation and a strong September jobs report have raised questions among investors about whether the Fed will cut rates again next month. Social Security’s cost-of-living adjustment will be 2.5% in 2025, down from the 3.2% seen in 2024, the Social Security Administration said on Thursday.

Consumer Price Index inflation data to be released on October 10 is expected to provide further support for the Federal Open Market Committee cutting rates in November.

September CPI inflation falls to 2.4% YoY, but core inflation rises to 3.3%. Read more about the interest rate implications and why defensives are essential.

Inflation in September fell to an annual rate of 2.4%, its lowest point since early 2021, as gas and energy costs continued to ease.

The CPI rose 0.2% in September and the core CPI rose 0.3%, both numbers stronger than anticipatedThe data reinforces the notion that not only will the Fed not cut rates 50 basis points in November, but might chose to not trim rates at all.

U.S. Consumer Price Index tops this week's economic reports. Traders and investors will be watching closely for Fed interest rate policy implications.

Prices for consumer goods and services as measured by the Consumer Price Index (CPI) increased faster than expected in September, hurting household budgets and dealing a setback to the Federal Reserve's battle against inflation.

September's Consumer Price Index shows inflation lower than expected, with core CPI in line with predictions.

The consumer-price index rose 2.4% from a year earlier, the Labor Department said Thursday, after rising 2.5% in August.

Indexes slipped Thursday as investors took in higher-than-expected inflation. The latest data has sparked talk of a "no landing" for the US economy.

The September CPI report revealed slightly higher than anticipated inflation, marking the second consecutive month of an upside surprise.