Inflation Ticks Up Slightly - The New York Times
2 days ago · The Consumer Price Index rose 2.6 percent in the year through October, a sign that inflation remains stubborn. The report serves as a reminder that the Federal Reserve still has work to do.
CPI report updates: Inflation rises slightly | AP News
2 days ago · WASHINGTON (AP) — Annual inflation may have risen in October for the first time in seven months, a sign that price increases might be leveling off after steadily cooling for more than two years. Consumer prices are thought to have increased 2.6% from 12 months earlier, according to a survey of economists by the data provider FactSet, up from ...
Powell says Fed will likely cut rates cautiously given persistent ...
1 day ago · WASHINGTON (AP) — Chair Jerome Powell said Thursday that the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming months, in part because inflation has shown signs of persistence and the Fed’s officials want to see where it heads next. Powell, speaking in Dallas, said that inflation is edging closer to ...
Wall Street ends mixed while inflation data keeps Fed rate-cut …
2 days ago · A Labor Department report showed the consumer price index (CPI) rose 0.2% in October on a monthly basis, compared with estimates of a 0.2% increase, according to economists polled by Reuters. It ...
US wholesale inflation picks up slightly in sign that some price ...
1 day ago · Thursday’s report from the Labor Department showed that its producer price index — which tracks inflation before it hits consumers — rose 0.2% from September to October, up from a 0.1% gain the month before. Compared with a year earlier, wholesale prices were up 2.4%, accelerating from a year-over-year gain of 1.9% in September.
The Fed - Inflation (PCE) - Federal Reserve Board
Aug 2, 2024 · To measure inflation across the entire economy, economists produce price indexes to see how overall prices for goods and services are changing. Two common price indexes are the consumer price index (CPI) and the personal consumption expenditures (PCE) price index.
Inflation Remains Subdued, as Fed Preps Rate Cut
Sep 11, 2024 · The Consumer Price Index climbed 2.5 percent in August from a year earlier, a notably cooler pace of inflation than July’s 2.9 percent and down sharply from a peak of 9.1 percent back in 2022.
October inflation data meets forecasts, keeping Fed on track for ...
3 days ago · In This Article: New inflation data out Wednesday showed consumer prices rose as forecast in October, keeping the Federal Reserve on track to lower interest rates again in December. The latest ...
Fresh inflation data is here. And more jumbo Fed rate cuts seem ...
Oct 10, 2024 · Consumer prices rose just 2.4% in September from a year earlier, down from 2.5% in August, and the smallest annual rise since February 2021. Measured from month to month, prices increased 0.2%...
US Inflation on Strong Trajectory to 2% Goal, Fed’s Collins Says
4 hours ago · Jonnelle Marte. Fri, Nov 15, 2024, 6:12 PM1 min read. (Bloomberg) -- Federal Reserve Bank of Boston President Susan Collins said she sees inflation heading back to the central bank’s 2% goal ...