Inflation ticked up in October, CPI report shows. What happens next with interest rates?
Forecasters had expected lingering inflation in October. How will the new numbers affect the next Federal Reserve decision on interest rates?
October CPI inflation up 0.2% to a 2.6% annual rate, meeting expectations
Consumer Price Index inflation increased 0.2% in October for an un-adjusted annual rate of 2.6%, meeting expectations, according to the Bureau of Labor Statistics.
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.
U.S. inflation rose 2.6% in October, a month after Fed's first rate cut
U.S. inflation rose 2.6% on an annual basis last month, representing an uptick from September when the Federal Reserve began cutting interest rates amid signs of cooling prices and a weaker labor market.
Inflation rises in October; Fed rate cut still expected
The report from the Labor Department on Wednesday was in line with economists' forecasts, and did not change expectations that the U.S. central bank would deliver a third rate cut in December. Lisa Bernhard has more.
Inflation rises for October, raising concerns for fed rate cuts
The new consumer price index is out, showing that Inflation perked up in October, though pretty much in line with expectations.
Inflation Rose In October, Raising Concerns For Fed Rate Cuts
Inflation in the United States ticked up in October, driven by costlier rents, used cars and airfares, a sign that price increases might be leveling off after having slowed in September to their lowest pace since 2021.
MarketWatch28d
What Is Inflation?
The most commonly used measurement of inflation is the Bureau of Labor Statistics’ consumer price index (CPI), which tracks the average price change of a basket of goods and services over time ...
Newsweek13d
What Is Inflation? Current Inflation Rate, Causes and How to Stay Ahead of Rising Costs
Use the same principle to calculate the overall inflation rate. The Consumer Price Index (CPI) calculates the rate for a basket of goods from one month to the next and year over year. But it ...
Voters blamed Biden and Harris for rising costs. Was that fair? We asked economists.
“Biden/Harris don’t bear primary blame for the inflation,” said Jeffrey Frankel, a Harvard University economist. “Primary ...
Wall Street Journal2d
CPI Report Today: Dow Futures, Bond Yields Edge Down Ahead of Inflation Gauge
Inflation is back in the spotlight, as the Trump rally shows signs of stalling. The October consumer-price index, due at 8:30 a.m. ET, is expected to have risen 2.6% from a year earlier. Ahead of ...
Crowdfund Insider16d
Bitcoin (BTC) Price Not Significantly Impacted By Inflation Rate Reports (CPI) According to Research Study
Inflation rate reports (CPI) don’t significantly affect the Bitcoin (BTC) price, according to an update from CoinGecko. Having launched back in 2009 after the Great Financial Crisis, Bitcoin ...