The San Francisco Federal Reserve warns that current tariffs are "unprecedented in magnitude" compared to 40 years of trade data, making economic predictions uncertain.

Core inflation, a price measure closely watched by the Federal Reserve, came in cooler than expected in September, according to delayed federal data, a win for Republican President Donald Trump, who wants the central bank to cut interest rates more quickly and is under pressure from Democrats over affordability.

A shutdown-delayed federal report released Friday found overall U.S. inflation crept up slightly in September, driven mostly by rising gas and grocery prices as consumer spending cooled.

US consumer spending stalled in September, suggesting Americans were already stretched going into the government shutdown in the face of stubborn inflation.

The income growth level is similar to the rate seen in the early 2010s, when the unemployment rate was stuck at 7% and slow to come down, according to a study.

The Consumer Price Index is the official measure of inflation - here's what the CPI does and doesn't measure, how it's calculated and what it means