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.
U.S. Consumer Price Inflation Data Matches Economist Estimates In October
A closely watched report released by the Labor Department on Wednesday showed consumer prices in the U.S. rose in line with economist
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.
US Consumer Inflation Picks Up To 2.6% In October
US consumer inflation edged higher last month spurred by an increase in housing costs, according to government data published Wednesday, complicating the US Federal Reserve's plans to cut interest rates.
US consumer prices rise as expected in October
U.S. consumer prices increased as expected in October, and progress towards low inflation 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
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
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 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.
The Spokesman-Review12d
Inflation is basically back to normal. Why do voters still feel blah?
“The path of mortgage rates will depend on economic growth and inflation, but the new normal over the next couple years will be mortgage rates in the fives and sixes.” Neither interest rates ...
CNN7d
The Fed just cut rates again — and the timing is undeniably awkward
And while that global inflation shock has certainly waned, and the rate of price hikes is close to normal, it hasn’t felt great to Americans, because those price levels aren’t going back down ...
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 ...
Federal Reserve cuts interest rates, days after election of Trump
The Federal Reserve cut interest rates by a quarter of a percentage point on Thursday, setting the latest path for borrowing ...
The Financial Times9d
Economists warn Trump’s policies will trigger inflation
“We’re getting much closer to normal inflation conditions [and] nothing ... trade war between the US and China by lowering interest rates by 0.75 percentage points, in what it likened to ...
NBC New York5d
Trump has promised lower interest rates. That will be largely out of his control
Trump’s own policies, though, could drive rates higher if they signal a return to higher-than-normal inflation. Trump has proposed putting sweeping tariffs on all goods imported into the U.S ...
USA TODAY on MSN13d
October jobs report: Economy added 12K jobs amid storms, strikes; unemployment at 4.1%
Average hourly pay rose 13 cents to $35.46, keeping the yearly increase at 4%. As pandemic-related worker shortages have ...
Lethbridge Herald7h
Council completes budget review deliberations
LETHBRIDGE [email protected] Lethbridge city council in its capacity of Economic and Finance Standing Policy ...
Why have interest rates been cut, and what does it mean?
The PA news agency looks at the outcome of the Bank of England’s decision, and whether rates will fall again soon.
Barron's8d
Bank Of England Cuts Interest Rate As Inflation Slows
In August, the BoE reduced it key rate for the first time since early 2020, from a 16-year high of 5.25 percent as UK inflation returned to normal levels. But it decided against a second ...