Inflation was slightly higher in September, but still far away from the Fed’s goal of 2%.

Inflation remained steady in September, with prices increasing by 0.4% compared to the previous month, according to data from the Labor Department. This marks a continuation of the trend observed in recent months. On a year-over-year basis, prices remained unchanged at 3.7%. This data provides valuable insights into the state of the economy and will likely be taken into consideration by the Federal Reserve as they make decisions regarding monetary policy and interest rates.

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