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How consumers feel about the economy as the holidays approach

New numbers from the Commerce Department show inflation is still elevated, but it doesn't appear to be getting worse. The Federal Reserve is expected to cut interest rates next week by another quarter percentage point.

Copyright 2025 NPR

Scott Horsley is NPR's Chief Economics Correspondent. He reports on ups and downs in the national economy as well as fault lines between booming and busting communities.
Eyder Peralta is NPR's East Africa correspondent based in Nairobi, Kenya.