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Inflation hit a bump in October
Will October's inflation increase slow the pace of interest rate cuts?
Inflation increased to 2.6% in October, rising modestly from the previous month, according to the Consumer Price Index (CPI) released by the Bureau of Labor Statistics (BLS).
Inflation hit a bump in October after slowing for six straight months
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 cuts. Consumer prices rose 0.2% last month and were up 2.6% ...
Inflation rose to 2.6% in October in first increase in six months
Inflation rose two-tenths of a percentage point to 2.6% for the year ending in October, the Bureau of Labor Statistics reported Wednesday in an update to the consumer price index, the first rise in annual inflation in six months.
Inflation cooled off
Inflation is cooling, but these 5 things are still getting more expensive
While certain spending categories are down – fuel oil for example is 20% cheaper than it was last fall – inflation is still being driven up by growing rent prices, expensive used cars, and pricy air travel.
Inflation cooled off in October
The Consumer Price Index, one inflation measure, increased 3.2% over the year in October, a smaller year-over-year increase than in September.
Inflation progress stalls in US in October
Price increases in the US picked up last month, as progress toward stabilising prices appeared to stall. Consumer prices rose 2.6% over the 12 months to October, the Labor Department said. That marked a slight uptick from 2.
11h
Seattle-area inflation slows. Here’s what’s still driving up prices
New data published by the U.S. Bureau of Labor Statistics shows inflation is growing at a lower rate in the Seattle area, ...
Yahoo
1d
Inflation might be slowing, but shoppers in Livingston County aren't feeling relief
Inflation
for groceries reached a multi-decade high during the COVID-19 pandemic, with a 13.5% year-over-year increase in ...
12h
Banxico Cuts for Third Meeting as Core Inflation Slows
Mexico delivered a third straight interest rate cut as a key measure of underlying inflation retreats and concerns mount over ...
17h
on MSN
US wholesale inflation picks up slightly in sign that some price pressures remain elevated
Wholesale prices in the United States rose last month, remaining low but suggesting that the American economy has yet to ...
USA TODAY on MSN
6d
Fed lowers key interest rate by quarter point as inflation eases but pace of cuts may slow
After a September half-point cut, the reduction would bring the benchmark federal funds rate down three-quarters of a point ...
1d
on MSN
Here's the inflation breakdown for October 2024 — in one chart
Consumers saw price relief at the gas pump and grocery store. But housing inflation and other categories, such as car ...
1d
Argentine government reports slowing inflation but consumers still have to empty their pockets
Argentina’s inflation slowed to 2.7% in October, the lowest level in three years in a win for the libertarian government of ...
2d
on MSN
Milei Hints at FX Policy Move After Inflation Slows Below 3%
Argentine President Javier Milei foreshadowed Tuesday he would change his currency policy after the end of the year if ...
Marketplace
1d
Rent inflation has been slowly cooling down for 18 months
While shelter costs are up from last year, according the consumer price index, other data shows rents have been falling in some metro areas.
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