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Inflation Stays Firm
Will October's inflation increase slow the pace of interest rate cuts?
Inflation increased to 2.6% in October, rising modestly from the previous month, according to the Consumer Price Index (CPI) released by the Bureau of Labor Statistics (BLS).
U.S. inflation rose 2.6% in October, a month after Fed's first rate cut
That matched forecasts from economists polled by FactSet that the Consumer Price Index rose 2.6% in October. The CPI rose 2.4% in September, when the Fed ushered in a jumbo rate cut of 0.5 percentage points, followed by a second rate cut this month.
Inflation Stays Firm, but Not Enough to Derail December Fed Cut
The Labor Department on Wednesday reported that consumer prices in October rose 2.6% from a year earlier. That marks a pickup in the pace of inflation from September, when prices were up 2.4% on the year.
inflation, Wholesale prices
US inflation may have increased in October: Here's what's rising in price, and what's leveling off
A rise in prices could make the Federal Reserve less likely to cut its key interest rate in the coming months. But most economists believe inflation will continue its slowdown.
Wholesale prices rise again, PPI shows, due to stubborn pockets of inflation
U.S. wholesale prices rose a bit faster in October and suggested the battle by the Federal Reserve to reduce inflation to low prepandemic levels may last awhile.
US wholesale inflation picks up slightly in sign that some price pressures remain elevated
Wholesale prices in the United States rose last month, remaining low but suggesting that the American economy has yet to completely vanquish inflationary pressure. Thursday's report from the Labor Department showed that its producer price index — which tracks inflation before it hits consumers — rose 0.
Inc
5h
Inflation Rose Slightly in October, But Two-Year Downward Trend Remains
Inflation
in the United States ticked up in
October
, driven by costlier rents, used cars and air fares, a sign that price ...
59m
on MSN
Higher services costs lift US producer inflation in October
U.S. producer prices picked up in October, lifted by higher costs for services like portfolio management and airline fares, ...
5h
on MSN
Where was inflation the highest in October? Northeast and Midwest cities near the top
Americans across the U.S. are experiencing vastly different inflation rates depending on where they live, and new Labor ...
2h
on MSN
Inflation rose to 2.4% in October in producer price index
The latest producer price index numbers were released on Thursday morning, a day after the consumer price index showed ...
18h
Inflation accelerated in October, offering first look at prices since election
Economists expect prices to have risen 2.6% over the year ending in October. That figure would mark a slight uptick from the ...
Wall Street Journal
2h
PPI Inflation Rose in October
Getting
inflation
back down to 2% is proving to be a grind. Prices paid to producers for their output climbed by 0.2% last ...
20h
Inflation ticks up in October mostly driven by housing cost increases
Most economists believe overall prices will continue downward trend following first rise in annual inflation in seven months ...
21h
on MSN
Inflation rose to 2.6% in October in first increase in six months
The October inflation numbers were just released as part of the consumer price index — they are first inflation numbers since ...
1d
on MSN
October CPI inflation up 0.2% to a 2.6% annual rate, meeting expectations
Consumer Price Index inflation increased 0.2% in October for an un-adjusted annual rate of 2.6%, meeting expectations, ...
1d
on MSN
Here's the inflation breakdown for October 2024 — in one chart
Consumers saw price relief at the gas pump and grocery store. But housing inflation and other categories, such as car ...
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