Inflation in September fell to an annual rate of 2.4%, its lowest point since early 2021, as gas and energy costs continued to ease.

US consumer inflation cooled slightly less than expected last month, according to government data published on Thursday, providing further evidence

"CPI might have seemed hot, but PPI was not. Overall, these numbers are getting less impactful as inflation moderates."

The Consumer Price Index, which measures the change in prices over time, shows the lowest increase in inflation this month in three years.

NEW YORK -- U.S. stocks edged back from their records Thursday after reports showed inflation was a touch warmer last month than expected and more workers filed for unemployment benefits last week.

"China faces persistent deflationary pressure due to weak domestic demand. The change of fiscal policy stance as indicated by the press conference yesterday (Saturday) would help to deal with such problems," said Zhiwei Zhang, Chief Economist at Pinpoint Asset Management.

US consumer inflation cooled last month -- though slightly less than expected -- according to government data published Thursday, providing further evidence that price pressures are easing ahead of No

According to the Bureau of Labor Statistics, the headline figure for the Consumer Price Index fell to 2.4% year-over-year, slightly above economist expectations of 2.3%. Additionally, core CPI rose to 3.