By bizn_fun 
From August to September, prices rose 0.3%, moderating a bit from the 0.4% jump in the prior month.
“The tariff pass through generally remains muted,” said Olu Sonola, head of US economic research for Fitch Ratings, saying the figures would bring a “sigh of relief for the Fed”.
“As odd as it may seem, the Fed will be happy with inflation staying around 3% for the next couple of months,” he said.
The Federal Reserve typically raises interest rates when it wants to stabilise prices and lowers them when it believes the economy needs a boost to keep employment stable.
But it is currently facing an economy showing signs of both problems.
Hiring has slowed in recent months, while prices continue to rise faster than the bank’s 2% target rate, pushed up in part by the Trump’s administration’s policies such as tariffs.
Furniture prices, for example, rose 3.8% over the 12 months to September, rising 0.9% over the month.
But though inflation has ticked up, it has remained more limited than analysts had initially forecast, as firms hesitate to pass the full cost of the new border taxes onto their customers in the form of higher prices.