CPI inflation fell 0.1% to 2.4% in September,

previously forecasting a 0.2% decline.

The current CPI report is lower than 2.5% in August and 2.9% in July.

Inflation has continued to decline over the past year,

marking the sixth consecutive month of decline in inflation,

indicating a steady cooling of inflation trends.

This continued downward trend could lead to a rate cut in October,

which would benefit consumers and investors.

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