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Inflation Rises by 2.6%, Snapping Its Cooling Streak
Inflation ticked up in October, CPI report shows. What happens next with interest rates?
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 CPI: Inflation hits another bump on road to Fed's 2% target
Core CPI, which omits food & energy, increases 0.3% in October. matches forecast Ahead of the CPI data, a rate cut in December remains the "solid base case but not a lock," said Krishna Guha, vice chairman of Evercore ISI.
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 a.m. Eastern time today.
6h
on MSN
Dow, S&P, Nasdaq end mixed as post-election rally slows; CPI inflation lifts rate-cut bets
Major U.S. stock averages ended mixed and close to flat lines Wednesday, as investors assessed an October consumer inflation ...
MarketWatch
15h
CPI inflation data signals Fed needs to 'tread lightly' when guiding markets on future rate cuts: economist
That's reflected in TS Lombard's
CPI
diffusion index (see chart at top), which is running at around 50% — meaning half the ...
NBC News
1d
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.
Reuters
20h
Oct CPI inflation up modestly, as expected
In the 12 months through October, the
CPI
advanced 2.6% after climbing 2.4% in September. The headline numbers were ...
Seeking Alpha
2d
October CPI Preview: Inflation Settling At Above The 3% Level
The Fed acknowledged the
inflation
problem at the November FOMC meeting, but Powell remains dovish. The October
CPI
...
20h
Inflation Stayed At Steady Pace In October
The Consumer Price Index (CPI) rose steadily in October, at a pace likely modest enough to keep the Federal Reserve on course ...
MarketWatch
21h
Consumer prices post first yearly increase in inflation since March, CPI shows
The so-called core rate of
inflation
that strips out food and energy rose a sharper 0.3% in October, the third straight ...
1d
Inflation accelerated in October, offering first look at prices since election
Inflation has cooled dramatically since a peak of 9% attained in 2022, now hovering near the Federal Reserve’s target rate of ...
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