Inflation hit a bump in October after slowing for six straight …
1 day ago · The annual rate of inflation moved higher last month for the first time since March, as expected — but economists say the underlying trend remains favorable for another round of interest rate ...
U.S. Inflation Ticks Up to 2.6% in October, as Fed Considers Rate …
1 day ago · Nov. 13, 2024. Inflation ticked up slightly on an annual basis in October, the latest evidence that while cost increases continue to come under control, they have not yet been entirely vanquished ...
U.S. inflation rose 2.6% in October, a month after the ... - CBS News
1 day ago · Inflation rises 2.6% in October after Fed starts interest rate cuts 04:29. U.S. inflation rose 2.6% on an annual basis last month, representing an uptick from September when the Federal Reserve ...
CPI report updates: Inflation rises slightly | AP News
1 day ago · WASHINGTON (AP) — 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.. Consumer prices rose 2.6% from a year earlier, the Labor Department said Wednesday, up from 2.4% in September.
October 2021 CPI: Inflation Rose at Fastest Rate Since 1990 - The …
Nov 10, 2021 · Consumer prices surged at the fastest pace in more than three decades in October as fuel costs picked up, supply chains remained under pressure and rents moved higher — worrying news for economic...
October Inflation Report: Inflation Moderates, Cooling Faster …
Nov 14, 2023 · Inflation eased in October and price increases showed encouraging signs of slowing under the surface, according to fresh data released on Tuesday. The report provides the Federal Reserve with ...
CPI Home : U.S. Bureau of Labor Statistics
In September, the Consumer Price Index for All Urban Consumers rose 0.2 percent, seasonally adjusted, and rose 2.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy increased 0.3 percent in …
US inflation reaches 3-year low as Fed prepares to cut interest rates ...
Sep 11, 2024 · The post-pandemic spike in U.S. inflation eased further last month as year-over-year price increases reached a three-year low, clearing the way for the Federal Reserve to cut interest rates and likely shaping the economic debate in the presidential race.
US inflation slows but remains elevated in sign that price …
Feb 13, 2024 · The Fed raised its key rate 11 times, from March 2022 to July of last year, in a concerted drive to defeat high inflation. The result has been much higher borrowing rates for businesses and consumers, including for mortgages and auto loans.
Inflation report: US CPI shows prices fell in June for the first time ...
Jul 12, 2024 · Economists were expecting a 0.1% monthly increase and an annual gain of 3.1%, according to FactSet consensus estimates. Excluding energy and food prices, a closely watched “core” index of...