US inflation rises to 3% in September

Business Oct 24, 2025

US inflation ticked up 3% over the past year in September 2025, an acceleration from August.
The main culprit? Gasoline, which jumped 4.1%.
Still, overall prices only rose 0.3% this month—less than expected—suggesting that things aren't spiraling out of control.

Food prices also increased

Food prices edged up 0.2%. Groceries got a bit pricier (up 0.3%).
If you take out food and energy, "core" inflation was 3% for the year.

What will the Federal Reserve do?

With inflation rising moderately and not much new economic data (thanks to a government shutdown), everyone's watching the Federal Reserve.
Most expect a small interest rate cut next week as the Fed tries to balance slowing job growth with keeping prices in check.