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?
US consumer inflation rises in October on higher housing costs
The consumer price index (CPI) rose to 2.6 percent in October from a year ago, up from 2.4 percent in September, the Labor Department said in a statement. This was in line with the median forecast of economists surveyed by Dow Jones Newswires and The Wall ...
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 heated up in October as expected
October's consumer price index was expected to show inflation heating up at a 2.6% rate.
Oct CPI inflation up modestly, as expected
U.S. consumer prices increased as expected in October, and progress toward bringing inflation down has slowed since mid-year, which could result in fewer interest rate cuts from the Federal Reserve next year.
US inflation may have picked up in October after months of easing
Still, most economists think inflation will eventually resume its slowdown. Consumer inflation, which peaked at 9.1% in 2022, has since fallen steadily, though overall costs are s
Inflation Rose In October, Raising Concerns For Fed Rate Cuts
Inflation in the United States ticked up in October, driven by costlier rents, used cars and airfares, a sign that price increases might be leveling off after having slowed in September to their lowest pace since 2021.
Inflation rises in October; Fed rate cut still expected
The report from the Labor Department on Wednesday was in line with economists' forecasts, and did not change expectations that the U.S. central bank would deliver a third rate cut in December. Lisa Bernhard has more.
US inflation rose 2.6% in October — higher than a month earlier — as Fed weighs further rate cuts
US inflation accelerated in October from the pace it set a month earlier — raising doubts whether the Federal Reserve will continue to cut interest rates before the end of the year. The Consumer Price Index rose 2.
Consumer price index report and Juan Soto's free agency: Morning Rundown
Plus, Donald Trump is set to visit the White House to meet with President Joe Biden for a symbolic meeting to signify a ...
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 ...
MarketWatch6h
Consumer prices post first yearly increase in inflation since March, CPI shows
The consumer price index climbed 0.2% for the fourth month in a row, the government said Wednesday, matching the Wall ...
Wall Street edges higher after inflation data keeps Fed rate-cut hopes intact
The consumer price index rose 0.2% in October for the fourth straight month, and advanced 2.6% on an annual basis.
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 ...
Barron's4h
CPI Report: Inflation Rises by 2.6%, Snapping Its Cooling Streak
The U.S. Bureau of Labor Statistics released the latest reading of the consumer price index on Wednesday. Here are the ...
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 ...
Consumer prices up 0.2 percent in October, 2.6 percent over past year
Consumer prices rose 0.2 percent in October and 2.6 percent over the previous 12 months as inflation slowly but surely ...
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.