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

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.

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

• 0.5%

• 1.0%

• 0.0%

• 0.1%

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.

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

• 3.0%

• 2.5%

• 2.0%

• 1.5%

What was the percentage drop in energy costs for September?

• 5.0%

• 1.0%

• 7.0%

• 0.7%

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.