Economists think inflation around the U.S. continued to climb in September, edging farther away from the Fed's 2% annual target.

The softer-than-expected CPI report cemented expectations that the Federal Reserve will lower interest rates next week, but nothing is certain for December, economists said. Richard Moody, chief economist at Regions Financial,

The on-chain analytics platform Lookonchain reported on X that a crypto whale with a 100% win rate took long positions on Ethereum (ETH) and Bitcoin (BTC). As per latest HyperDash data, the trader has increased his long position to 33,270 ETH worth $132 million and opened a a four times leveraged long position on 680 BTC worth $75.8 million.

The U.S. Bureau of Labor Statistics has released the September 2025 CPI data today despite the ongoing government shutdown.

A big unknown ahead of the September CPI is how much the government shutdown, which started Oct. 1, impacts the data. Ten days later, statisticians at the Bureau of Labor Statistics were called back to work to complete the report.

Economists largely expect persistent retail inflation in September, increasing at the same pace as the month before. Headline CPI in September is seen rising 0.4% M/M, same as the prior month. On a Y/Y basis, CPI is expected to rise 3.1%, compared with +2.9% in August.

The White House said on Friday it had learned there likely will not be a release of inflation data next month due to the U.S. government shutdown, which could leave a gap in a data series stretching back more than a century.

Market Domination Overtime host Josh Lipton previews several of the biggest stories to come tomorrow, Friday, October 24, including the release of September's Consumer Price Index (CPI) report delayed by the ongoing government shutdown,