Inflation ticked up in October, CPI report shows. What happens next with interest rates?
Forecasters had expected lingering inflation in October. How will the new numbers affect the next Federal Reserve decision on interest rates?
Inflation accelerated in October, offering first look at prices since election
Consumer prices rose 2.6% in October compared to a year ago, ticking upward from the previous month and reversing some of the cooldown achieved in recent months, U.S. Bureau of Labor Statistics data on Wednesday showed. The fresh report matched economists' expectations.
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 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 Fed's first rate cut
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 rose to 2.4% in October in producer price index
Inflation, as measured by the producer price index, rose six tenths of a percentage point to 2.4% for the year ending in October, the Bureau of Labor Statistics reported Thursday, a troubling sign that inflation pressures remain strong.
October inflation numbers meet forecast
Prices were 2.6% higher than a year ago. But wage growth continues to outpace inflation. Also: the history of the federal income tax.
Inflation hit a bump in October after slowing for six straight months
The annual rate of inflation moved higher last month for the first time since March, as expected — but economists say the underlying trend remains favorable for another round of interest rate cuts.
Inflation Stayed At Steady Pace In October
The inflation trajectory is likely favorable enough to keep the Fed on track to cut borrowing costs at its next meeting in December. The election of Donald Trump has fueled fears of inflation reigniting if he implements the tariffs he promised on the campaign trail.
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3 Side Hustles To Beat Inflation In 2024
The consumer price index (CPI) shows that inflation rose about 2.6 percent over the past year. Here are three side hustles to ...
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 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 ...
Inflation rose right before the election, posing challenges for Trump
Wednesday’s report shows inflation edged up at a 2.6 percent annual rate in October, compared with a 2.4 percent gain in the ...
Progress lowering US consumer inflation stalling; rate cut pace uncertain in 2025
U.S. consumer prices increased as expected in October amid higher costs for shelter such as rents, and progress toward low ...
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Inflation's up again. Here's what it could mean for mortgage interest rates.
After a promising few months of cooling inflation, new data shows that inflation has once again ticked up. In October, ...