Pursuits
Inflation Probably Eased in September: U.S. Economy Preview
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The cost of living in the U.S. probably eased in September and the pace of factory production held steady, consistent with the Federal Reserve’s forecast of moderating inflation and slow growth, economists said reports will show this week.
Consumer prices rose 0.3 percent, the smallest gain in three months, according to the median forecast of economists surveyed by Bloomberg News before Labor Department data on Oct. 19. Industrial output increased 0.2 percent for a second month in September, while sales of previously owned homes declined, other reports may show.