CPI Inflation Was 2.6% In October—Rises For First Time Since March
Consumer prices have jumped more than 20% since Dec. 2020, working out to over 5% annualized inflation under the Biden administration.
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?
October CPI inflation up 0.2% to a 2.6% annual rate, meeting expectations
Consumer Price Index inflation increased 0.2% in October for an un-adjusted annual rate of 2.6%, meeting expectations, according to the Bureau of Labor Statistics.
Inflation progress stalls in US in October
Inflation 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, driven by higher housing and food costs, the Labor Department said.
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.
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 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 economists believe inflation will continue its slowdown.
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.
October CPI: Inflation hits another bump on road to Fed's 2% target
JPMorgan's trading desk gave a scenario outlook on how the market would respond to various monthly core CPI readings. The ...
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 ...
Reuters2d
Oct CPI inflation up modestly, as expected
The consumer price index rose 0.2% for the fourth straight month, the Labor Department said on Wednesday. In the 12 months ...
CPI Report: Inflation Rises by 2.6%, Snapping Its Cooling Streak
Follow live coverage and analysis of the October consumer price index inflation report, which was released Wednesday at 8:30 ...
CPI report set to release, providing consumers with an inflation gauge
The Consumer Price Index (CPI) report is set to release soon. It's an inflation gauge that looks at how prices urban ...
CPI inflation data signals Fed needs to 'tread lightly' when guiding markets on future rate cuts: economist
Don't look for the Federal Reserve to start making big promises on further monetary-policy easing after the October reading ...
October CPI Report Hits the Mark: What the Experts Are Saying About Inflation
While the current pace of rising prices appears to have leveled off, the expected path of rate cuts has become less certain.
US CPI Report Bolsters Quarter-Point Fed Cut Bets for December
Headline CPI likely remained at 0.2% in October, corresponding to 2.6% year over year (vs. 2.4% prior). Core inflation, which ...
NBC News2d
CPI report: Inflation rises by 0.2% in October
Inflation rose by 0.2% in October and brought the 12-month inflation rate to 2.6% , which was in line with expectations. NBC ...