By Newstake · Updated
Will inflation go down?
That depends on prices for energy, food, housing and wages, and on what central banks do next. The Federal Reserve and the European Central Bank both aim for inflation of 2% a year. This page sums up their latest decisions and the newest official numbers every day.
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Latest brief
Updated
The Bureau of Labor Statistics reports that U.S. consumer prices rose 3.7% over the 12 months through September 2026, and the index increased 0.6% in September, largely because gasoline prices jumped. The Federal Reserve reports that it kept its federal funds rate target range at 3.75% to 4% on October 28, citing elevated inflation.
The European Central Bank reports that it kept its three key interest rates unchanged on October 29, citing rising energy prices and uncertainty about inflation and growth. The ECB says it will assess incoming data meeting by meeting and remains ready to adjust its instruments.
The ECB’s fourth-quarter survey of professional forecasters reports that respondents see inflation risks tilted upward through 2028; this is a survey finding, not a guarantee that inflation will rise.
Written by AI from the publications below.
The announcements
Results of the ECB Survey of Professional Forecasters for the fourth quarter of 2026
CPI for all items increases 0.6% in September; gasoline rises
- Numbers
Read the monthly price index.
- Decisions
Read the central bank statement.
- Your costs
Compare with what you spend most on.
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Check the latest news about inflation and interest rates from newstake.ai.
What inflation measures
Inflation is how fast prices rise. Statistics offices check the prices of a fixed basket of goods and services every month, from bread to rent.
In the United States, the Bureau of Labor Statistics publishes the consumer price index. In Europe, Eurostat publishes the harmonised index of consumer prices.
Lower inflation does not mean lower prices
When inflation goes down, prices still rise, only more slowly. Prices fall only when inflation goes below zero, which is rare.
Energy and food prices jump around the most. That is why central banks also look at “core” inflation, which leaves them out.
What central banks do
Central banks raise interest rates to slow inflation and cut them when inflation is under control. A change in rates takes months to reach prices.
Read their statements yourself. They say what they decided, why, and what they will watch next.
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