Inflation rate hit 2.4% in September, topping expectations; jobless claims highest since August 2023

Inflation rate hit 2.4% in September, topping expectations; jobless claims highest since August 2023

The pace of price increases over the past year was higher than forecast in September while jobless claims posted an unexpected jump following Hurricane Helene and the Boeing strike, the Labor Department reported Thursday. The consumer price index, a broad gauge measuring the costs of goods and services across the U.S. economy, increased a seasonally…

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