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inflation, Federal Reserve
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.
Annual inflation rate hit 2.6% in October, meeting expectations
Energy costs, which had been declining in recent months, were flat in October while the food index increased 0.2%. On a year-over-year basis, energy was off 4.9% while food was up 2.1%.
Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming months, in part because inflation has shown signs of persistence and the Fed’s officials want to see where it heads next.
Hosted on MSN
2d
Inflation ticked up in October, CPI report shows. What happens next with interest rates?
Inflation
is still a thing. Prices were 2.6% higher in October than a year earlier, according to the latest Consumer ...
CBS News on MSN
2d
Inflation's up again. Here's what it could mean for mortgage interest rates.
In October, U.S.
inflation
rose by 2.6% on an annual basis, a slight increase from the 2.4%
rate
reported in September.
2d
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 ...
2d
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.
19h
on MSN
Today's Mortgage Rates | Inflation Remains Elevated, Keeping Mortgage Rates High
These are today's mortgage and refinance rates. Mortgage rates have increased in recent weeks and remain high today thanks in ...
Reuters
2d
Fed officials wary of inflation risks as they weigh more rate cuts
Musalem sees increased risk of stalled
inflation
progress Logan says policy
rate
may be very close to neutral
rate
...
ABC News
1d
US wholesale inflation picks up slightly in sign that some price pressures remain elevated
Thursday's report from the Labor Department showed that its producer
price
index — which tracks
inflation
before it hits ...
1d
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 ...
1d
on MSN
Saudi Arabia's inflation rate edges up to 1.9% in October
Saudi Arabia's annual inflation rate continued to edge up in October to 1.9% from 1.7% in September, according to government ...
15h
on MSN
Mortgage rates were predicted to fall in 2025. Does a Trump win change that?
Experts have been saying that mortgage rates will go down in 2025, but if inflation rises under Trump, we could actually see ...
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