The Federal Reserve faces policy challenges of inflation and weak employment

ChainCatcher news, according to Jinshi reports, the report released by the U.S. Bureau of Labor Statistics shows that the overall CPI in September rose by 0.3% month-on-month, with a year-on-year increase of 3%, both lower than market expectations. The core CPI, excluding food and energy, rose by 0.2% month-on-month, with a year-on-year increase also at 3%. Although the report provides a window for economic observation, the subsequent policy path remains unclear. Powell and his colleagues are cautious while weighing the threats of inflation against a weak labor market, while Trump calls for aggressive interest rate cuts from the Federal Reserve.