Are the Fed's Rate Cuts Over Now That Inflation Is Rising Again?
October's Consumer Price Index (CPI), which measures changes in the cost of consumer goods and services, showed that annual inflation rose by 2.6%. That's not an alarmingly high rate of inflation. It's also only a modest uptick from September's CPI reading, which measured annual inflation at 2.4%.
CPI inflation report keeps bets alive for an end-of-year Fed rate cut
U.S. inflation ticked higher in October, but stable core price pressures and tame month-on-month gains prompted a sigh of relief on Wall Street and likely supported bets for an end-of-year interest rate cut from the Federal Reserve.
Wages are still growing and have outpaced prices for the past year and a half. But Powell noted that wages aren’t rising ...
Inflation has cooled notably, but a pickup in annual price increases underscores that it is not fully back to normal.
Most economists believe overall prices will continue downward trend following first rise in annual inflation in seven months ...
Over the past three months, TribLive reporters Jack Troy and Patrick Varine have tracked inflation and rising costs in the economy. Their research and interviews led to the Inflation Explained series, ...
While certain spending categories are down – fuel oil for example is 20% cheaper than it was last fall – inflation is still ...
Inflation is normally uniform across the country. Housing isn't, and it's affecting people trying to find it differently.
U.S. consumer prices increased as expected in October amid higher costs for shelter such as rents, and progress toward low ...
A closely watched report released by the Labor Department on Wednesday showed consumer prices in the U.S. rose in line with economist ...
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