Is inflation actually heading in the right direction?

Chuck Zodda and Mike Armstrong react to the release of the CPI report that came in slightly higher than expectations. US jobless claims jump to 258,000, the most in more than a year. Analysts point to Hurricane Helene. The Federal Reserve’s interest-rate panic is creating a windfall for retirees. Florida begins to assess the devastation from Hurricane Milton. Delta’s guidance misses estimates after summer upheaval.