Inflation Rose Slightly in October, But Two-Year Downward Trend Remains
Over the long run, core inflation at that pace would exceed the Federal Reserve’s 2 percent target. Most of the monthly increase in consumer prices reflected an increase in rents and housing costs, a trend that Fed officials expect to fade in the coming ...
Inflation Rose in October, Raising Concerns for Fed Rate Cuts
October's annual inflation rate ticked up for the first time in seven months, after more than two years of gradual cooling.
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 month and 2.4% in the 12 months through October, an uptick from the rate in September,
U.S. inflation rose slightly last month after 2 years of steady cooling but remained low
Inflation in the United States ticked up in October, driven by costlier rents, used cars, and air fares, a sign that price increases might be leveling off after having slowed in September to their lowest pace since 2021.
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.
U.S. inflation rose 2.6% in October, a month after the Federal Reserve began cutting rates
U.S. inflation rose 2.6% on an annual basis last month, representing an uptick from September when the Federal Reserve began cutting interest rates amid signs of cooling prices and a weaker labor market.
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 ...
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 ...
CPI Inflation Was 2.6% In October—Rises For First Time Since March
Consumer prices have jumped more than 20% since Dec. 2020, working out to over 5% annualized inflation under the Biden ...
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.
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Inflation ticked up in October, CPI report shows. What happens next with interest rates?
In response to the inflation report, several forecasters predicted a quarter-point interest rate reduction. "The overall ...
Inflation still far away from 2% trend, Stanley said
Recent CPI readings underscore that "we still have considerable ground to cover to arrive at a sustainable 2% inflation trend," said Stephen Stanley, chief U.S. economist at Santander, in a note to ...
Key U.S. inflation measure holds steady for third month
A measure of underlying U.S. inflation remained firm in October, underscoring the ongoing risks Federal Reserve officials ...
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 ...
October CPI: Trend Reversal Has Investors Preparing For Higher Terminal Rates
October's inflation report shows rising inflation pressures, driven by services and housing costs. See what to expect at ...
Why inflation helped tip the election toward Trump, according to experts
Earlier that year, in England, Prime Minister Liz Truss responded to the highest inflation in four decades with an economic ...
4 Philly shopping trends youse are doing this holiday season
Here are four takeaways from holiday shopping trends this year.