Recent economic data showed U.S. inflation easing toward the Federal Reserve’s long-term target, reinforcing expectations that policymakers will keep interest rates unchanged in the upcoming meeting. Core prices moderated across housing and transportation, while consumer spending remained steady. Analysts said the slowdown reflects a delicate balance between demand resilience and tighter financial conditions. Treasury yields dipped slightly as markets priced in rate-cut probabilities for early 2026. Economists added that sustained moderation could give the Fed greater room to signal a gradual pivot in monetary stance.