Inflation Ticks Up Slightly - The New York Times
15 hours 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. 10 ...
U.S. inflation rose 2.6% in October, a month after the ... - CBS News
16 hours ago · Inflation rises 2.6% in October after Fed starts interest rate cuts 04:29. U.S. inflation rose 2.6% on an annual basis last month, representing an uptick from September when the Federal Reserve ...
CPI report shows inflation ticked up in October. How will Fed …
16 hours ago · Prices were 2.6% higher in October than a year earlier, according to the latest Consumer Price Index, released Wednesday. That's a much lower inflation rate than American consumers endured through ...
Wall Street ends mixed while inflation data keeps Fed rate-cut …
19 hours 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 ...
CPI report updates: Inflation rises slightly | AP News
1 day ago · Over the long run, core inflation at that pace would exceed the Federal Reserve’s 2% target. Most economists, though, think inflation will eventually resume its slowdown. Consumer inflation, which peaked at 9.1% in 2022, has since fallen steadily, though overall prices are still about 20% higher than they were three years ago.
Fed officials wary of inflation risks as they weigh more rate cuts
15 hours ago · The Fed cut its policy rate by half a percentage point in September after a sharp slowdown in job growth and a rise in the unemployment rate raised concerns about a potential recession. Subsequent ...
October inflation data meets forecasts, keeping Fed on track for ...
1 day 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 ...
US Inflation Stays Firm for Third Month With 0.3% Core CPI Gain
16 hours ago · US inflation remained firm in October, underscoring the ongoing risks Federal Reserve officials face in trying to bring price pressures fully under control. The so-called core consumer price index ...
The Fed cuts key rate by half-point, signaling end to its inflation ...
Sep 19, 2024 · Inflation has tumbled from a peak of 9.1% in mid-2022 to a three-year low of 2.5% in August, not far above the Fed’s 2% target. The Fed’s policymakers also signaled that they expect to cut their key rate by an additional half-point in their final two meetings this year, in November and December.
Fed's Kashkari says he's confident inflation is headed down
16 hours ago · Minneapolis Federal Reserve Bank President Neel Kashkari said on Wednesday that he is confident inflation is headed down, noting that data released minutes earlier 'confirms' that downward path.