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Inflation Report Keeps Dec. Rate Cut in Play
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?
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 Report Keeps December Rate Cut in Play
The October consumer-price index keeps the door open for Federal Reserve officials to cut interest rates at their meeting next month. A monthly rise of 0.28% in prices, excluding volatile food and energy items,
CNN on MSN
11h
The Trump inflation shock could be worse than the last inflation crisis, Larry Summers warns
Many Americans had never experienced anything like it, and the shockwaves are still being felt today in the nation’s ...
6h
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 ...
Reuters
9h
Fed officials wary of inflation risks as they weigh more rate cuts
"In my baseline scenario, based on current information, I expect
inflation
to converge toward 2% over the medium term," St ...
8h
Inflation Data Boots Wall Street as Stocks Hover Near Records
The new numbers have boosted hopes that more help for the economy will arrive next month from another cut to interest rates.
2h
on MSN
Inflation rose right before the election, posing challenges for Trump
Wednesday’s report shows inflation edged up at a 2.6 percent annual rate in October, compared with a 2.4 percent gain in the previous month.
9h
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.
21h
ECB's Villeroy: Trump's economic agenda risks global economy, return of inflation
U.S. President-elect Donald Trump's economic agenda risks returning inflation to the United States and hurting economic ...
CNN
13d
America won the war on inflation. You still think the economy stinks
Inflation
has been tamed. Consumers are spending like crazy. Companies have more jobs available than job seekers to fill ...
CBS News
15h
How gold prices reflect inflation expectations
The precious metal's rise signals deeper worries about
inflation
, even after two years of Fed rate hikes. Some analysts see ...
3d
Fed’s Kashkari Says Economy Strong, But Inflation Not Vanquished
Federal Reserve Bank of Minneapolis President Neel Kashkari said the US economy has remained remarkably strong as the central ...
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