US inflation: Fed’s key gauge stays elevated in September; rate cut hopes rise despite weak spending signals

September inflation data showed a slight increase, with core prices remaining stable, bolstering expectations for a Federal Reserve interest rate cut. Despite concerns about persistent services inflation and weakening job markets, policymakers aim to stimulate the economy through lower rates, though consumer spending signals softer demand.

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‘Welfare of farmers, youth top priority’: PM Modi’s addresses ‘global instability’

Amid escalating trade tensions with the US, Prime Minister Modi asserted India’s commitment to prioritizing its farmers, small industries, and youth welfare. He urged citizens to embrace indigenous goods, emphasizing economic self-reliance and paying tribute to Mahatma Gandhi. Modi also issued a strong warning to Pakistan following a terrorist attack, vowing retaliation and dedicating it…

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