From the Federal Reserve Bank of Cleveland, October 23:
Inflation, month-over-month percent change
Month CPI Core CPI PCE Core PCE Updated
October 2025 0.19 0.25 0.20 0.24 10/23
September 2025 0.38 0.26 0.31 0.24 10/23
....MUCH MORE
If the Fed Bank is correct about the 0.38% September monthly, we might see some fear that, though the October rate cut seems baked in, a December cut might be a bit iffy.According to our handy interest rate calculator, 0.38% monthly annualizes out to 4.66%.
