Fed’s Inflation Data Masks Deeper Economic Struggles Amid Rate Cut Pressure

The Federal Reserve’s preferred inflation measure showed little change in September, setting the stage for what appears to be a widely expected interest rate cut. But beneath this surface stability lies a more troubling reality that Washington’s policymakers are too quick to overlook. Are We Sacrificing Long-Term Stability for Short-Term Relief? The Commerce Department reported that prices rose 0.3% from August to September, matching the prior month’s pace. Core inflation—excluding volatile food and energy prices—also held steady at a 0.2% monthly increase. On paper, this points toward inflation easing down toward the Fed’s 2% target. Yet, when we look closer,...