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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 annual rate of 2.4% recorded during the previous month.
Inflation Stayed At Steady Pace In October
The Consumer Price Index (CPI) rose steadily in October, at a pace likely modest enough to keep the Federal Reserve on course to cut interest rates again.
Inflation Proves a Little Stickier in October
The increase in inflation was expected but is unlikely to deter the Federal Reserve from cutting rates in December.
US Inflation Keeps Steady as Fed Looks to Avoid Reversal
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world US inflation remained firm in October rather than continuing its irregular descent,
Inflation cooled off in October
The Consumer Price Index, one inflation measure, increased 3.2% over the year in October, a smaller year-over-year increase than in September.
US Inflation May Have Picked up in October After Months of Easing
Annual inflation may have risen in October for the first time in seven months, a sign that price increases might be leveling off after steadily cooling for more than two years
Inflation progress stalls in US in October
Price increases in the US picked up last month, as progress toward stabilising prices appeared to stall. Consumer prices rose 2.6% over the 12 months to October, the Labor Department said. That marked a slight uptick from 2.
11h
Inflation Ticks Up, as the Fed’s Victory Remains Incomplete
Inflation has cooled notably, but a pickup in annual price increases underscores that it is not fully back to normal.
16h
on MSN
Inflation ticks up slightly as the Fed looks to keep cutting interest rates
Inflation sped up slightly in October, but fell in line with expectations on the heels of the Federal Reserve’s second ...
CBS News on MSN
13d
PCE index, the Fed's preferred inflation measure, drops to 2.1%. Here's what it means for interest rates.
While
inflation
has cooled, prices remain high — they're just rising at a slower rate than during the inflationary peak of ...
15h
Inflation Ticks Up Slightly
The Consumer Price Index rose 2.6 percent in the year through October, a sign that inflation remains stubborn. The report ...
13h
October inflation data meets forecasts, keeping Fed on track for December rate cut
New inflation data out Wednesday showed consumer prices rose as forecast in October, keeping the Federal Reserve on track to ...
12h
October CPI Report Hits the Mark: What the Experts Are Saying About Inflation
While the current pace of rising prices appears to have leveled off, the expected path of rate cuts has become less certain.
The Hill
13d
Inflation gauge closely watched by the Fed falls to lowest level since early 2021
The Commerce Department reported that prices rose just 2.1% in September from a year earlier, down from a 2.3% rise in
August
. That is barely above the Fed’s 2%
inflation
target and in line with ...
1d
Ahead of new inflation report, BOJ warns slow move downwards for interest rates
“It is expected that the BOJ will continue to gradually reduce interest rates due to the moderation of inflation as evidenced ...
6d
on MSN
How will the interest rate cut affect you? From inflation to mortgages
Interest rates are a key tool that the Bank uses to control the level of inflation. After the August drop from 5.25 per cent ...
1d
on MSN
As Argentina's inflation rate cools, consumers still feel squeezed
Argentine President Javier Milei's dramatic austerity agenda has helped lower inflation, but the slowdown has come at the ...
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