U.S. CPI Rises 0.1% as Inflation Remains Muted

U.S. CPI Rises 0.1% as Inflation Remains Muted

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Interactive Video

Business

University

Hard

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The video discusses recent inflation data, highlighting that inflation is slightly above economists' estimates but remains contained. The September Consumer Price Index (CPI) rose by 0.1%, slightly better than expected, with a year-over-year increase of 1.7%. Core inflation, excluding volatile food and energy costs, aligns with expectations. The Federal Reserve's 2% inflation goal remains unmet since 2012. Energy costs, particularly fuel prices, have significantly impacted inflation, with a notable drop in September and further declines expected in October. The market reacted with some selling in Treasurys, affecting yields.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the month-over-month increase in the Consumer Price Index (CPI) for September?

0.5%

1.0%

0.0%

0.1%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did the year-over-year CPI change compare to economists' expectations?

It was significantly higher than expected.

It was slightly higher than expected.

It was exactly as expected.

It was lower than expected.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the Federal Reserve's inflation goal based on the PCE?

3.0%

2.5%

2.0%

1.5%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the percentage drop in energy costs for September?

5.0%

1.0%

7.0%

0.7%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the impact on the two-year Treasury yield following the inflation report?

It turned negative.

It remained unchanged.

It turned positive.

It increased significantly.