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Oct CPI inflation up modestly
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
JPMorgan's trading desk gave a scenario outlook on how the market would respond to various monthly core CPI readings. The options market is pricing in a 0.7% move, either up or down, for the S&P 500, and a 1.6% move for the Russell 2000.
Here's the inflation breakdown for October 2024 — in one chart
The consumer price index rose by 2.6% in October 2024 versus a year earlier, the Bureau of Labor Statistics said. That's up from 2.4% in September. Gasoline prices declined and grocery inflation remains low.
12h
U.S. October budget deficit jumps to $257 billion, handing hole to Trump
The U.S. budget deficit jumped nearly four-fold to $257 billion in October, a figure inflated by one-off factors, the ...
11h
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 ...
14h
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 ...
9h
on MSN
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 ...
11h
Inflation ticks up in October mostly driven by housing cost increases
Most economists believe overall prices will continue downward trend following first rise in annual inflation in seven months ...
16h
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 ...
15h
October CPI: Trend Reversal Has Investors Preparing For Higher Terminal Rates
October's inflation report shows rising inflation pressures, driven by services and housing costs. See what to expect at ...
9h
on MSN
Planet saw its 2nd-warmest October in 175-year record: 2024 on pace to be world's warmest year on record
Earth saw another unusually warm month, with October 2024 ranking as the second-warmest October in NOAA's 175-year global ...
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