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US inflation rose slightly last month after 2 years of steady cooling but remained low
Inflation in the United States ticked up in October, driven by costlier rents, used cars and air fares, a sign that price increases might be leveling off after having slowed in September to their lowest pace since 2021.
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 cutting interest rates amid signs of cooling prices and a weaker labor market.
Inflation hit a bump in October after slowing for six straight months
While it appears that progress on reining in price hikes backtracked a bit, Wednesday’s report underscored that the last mile of taming inflation will be a slog. Economists were
Housing inflation accelerates in October amid 'slower progress' on inflation fight
The latest Consumer Price Index (CPI) report revealed that housing costs accelerated in October, posing a lingering challenge to cool price pressures.
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.
9h
Inflation Data Boots Wall Street as Stocks Hover Near Records
The new numbers have boosted hopes that more help for the economy will arrive next month from another cut to interest rates.
7h
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 ...
CNN on MSN
12h
The Trump inflation shock could be worse than the last inflation crisis, Larry Summers warns
“If he carries through on what he said during his campaign, there will be an
inflation
shock significantly greater than the ...
10h
Inflation Ticks Up, as the Fed’s Victory Remains Incomplete
Inflation has cooled notably, but a pickup in annual price increases underscores that it is not fully back to normal.
6h
Wall Street ends mixed while inflation data keeps Fed rate-cut hopes intact
The Dow and the S&P 500 ended slightly higher on Wednesday while the Nasdaq lost ground after October data showed consumer ...
57m
on MSN
Dow, S&P, Nasdaq end mixed as post-election rally slows; CPI inflation lifts rate-cut bets
Major U.S. stock averages ended mixed and close to flat lines Wednesday, as investors assessed an October consumer inflation ...
Inc
1d
Inflation Rose Slightly in October, But Two-Year Downward Trend Remains
Inflation
in the United States ticked up in October, driven by costlier rents, used cars and air fares, a sign that price ...
Bloomberg L.P.
12h
Fed’s Musalem Sees Gradual Rate Cuts If Inflation Keeps Falling
Federal Reserve Bank of St. Louis President Alberto Musalem said the central bank is within sight of its
inflation
and ...
Yahoo Finance
8h
Stock market today: Tech lags as inflation print keeps Fed rate cut on track
US stocks closed mixed on Wednesday as investors weighed fresh consumer
inflation
data that looked to keep the Federal ...
6h
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 ...
CBS News on MSN
15h
Inflation's up again. Here's what it could mean for mortgage interest rates.
After a promising few months of cooling
inflation
, new data shows that
inflation
has once again ticked up. In October, ...
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