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Inflation Rose in Oct., Raising Concerns for Fed Rate Cuts
US inflation rose slightly last month after 2 years of steady cooling but remained low
Inflation in the United States ticked up in October, driven by costlier rents, used cars and air fares, a sign that price increases might be leveling off after having slowed in September to their lowest pace since 2021.
US inflation rose 2.6% in October — higher than a month earlier — as Fed weighs further rate cuts
The Consumer Price Index rose 2.6% versus a year ago in October — falling in line with expectations, the Labor Department said on Wednesday.
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.
US Stocks Edge Up
Stocks dip, dollar edges higher after US labor market, inflation data
A gauge of global stocks was lower for a third straight session on Thursday, after U.S. economic data indicated the labor market remains solid while progress on tamping down inflation may be waning. The Labor Department said initial claims for state unemployment benefits dropped 4,
Euro Edges Higher Against Dollar After U.S. Inflation Data
The euro rises slightly against the dollar after U.S. inflation data met analysts’ expectations. Inflation rose to 2.6% year-on-year in October from 2.4% in September, as expected by analysts in a WSJ survey.
US Stocks Edge Up As Markets Digest Inflation Data
Wall Street stocks rose slightly early Wednesday as investors took in inflation numbers that were in line with analyst expectations and assessed developments after the US presidential election.
ABC News
12h
US wholesale inflation picks up slightly in sign that some price pressures remain elevated
The resulting much higher borrowing costs were expected to tip the
United States
into recession. It didn’t happen. The ...
1d
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 ...
1d
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 ...
1d
US Inflation Keeps Steady as Fed Looks to Avoid Reversal
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers ...
Yahoo
1d
US inflation ticks up as food, housing prices rise
The rate of
inflation
in the
US
appears to be ticking up, according to the first major economic report since the ...
Reuters on MSN
2d
US consumers see lower inflation and debt delinquency risk, NY Fed survey shows
Inflation
expectations also fell at the three-year and five ... Sign up here. category Top 3
US
refiners return $5.2 ...
12h
Wholesale inflation heated up again last month, reversing recent progress
US wholesale inflation picked up more than expected in October, indicating that some price pressures persist at the producer level.
Seattle Times
2d
US inflation may have picked up in October after months of easing
WASHINGTON (AP) — Annual
inflation
may have risen in October for the first time in seven months, a sign that price ...
Bloomberg L.P.
2d
US Consumer Inflation Outlook Fell Slightly, Fed Survey Shows
Households’
inflation
expectations declined slightly, the outlook for personal income held steady and workers are feeling ...
10h
on MSN
Higher services costs lift US producer inflation in October
U.S. producer prices picked up in October, lifted by higher costs for services like portfolio management and airline fares, ...
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