Economists expect the Fed to announce another quarter-point rate cut in December, after a quarter-point reduction last week ...
That’s even though investors are expecting a Trump White House to drive tax rates lower and tariffs higher. Such a combination could push the U.S. government’s debt and inflation higher ... instigated ...
U.S. inflation rose 2.6% on an annual basis last month, representing an uptick from September when the Federal Reserve began ...
That's a much lower inflation rate than American consumers endured through most of 2022 and 2023, but it's higher than the inflation rate for September, 2.4%. Shelter prices rose 0.4% in October ...
October's annual inflation rate ticked up for the first time in seven months, after more than two years of gradual cooling.
US stocks closed mixed on Wednesday as investors weighed fresh consumer inflation data that looked to keep the Federal Reserve on pace for another rate cut next month. Meanwhile, bitcoin (BTC-USD ...
The inflation rate in 10 out of 22 states outgrew the national average for October, with Chhattisgarh topping the list at a whopping 8.84 percent. Bihar, with an inflation rate of 7.83 percent ...
“It could have been better, it could have been worse,” Michael Feroli, chief U.S. economist at J.P. Morgan, said of the fresh inflation report. The expected rate cut in December is “probably ...
Impact Link As expected by economic forecasters, inflation heated up in October. The consumer price index sped up as expected to a 2.6% year-over-year growth rate in October from September's rate ...
Phoenix and Atlanta, once inflation hotspots, are now seeing prices rise at the slowest rate among big US cities.
It also has an outsized impact on the inflation rate where you live. In the first couple years of the pandemic, when lots of people moved away from big, expensive cities like New York to more ...