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Inflation, federal reserve
Inflation Stays Firm, but Not Enough to Derail December Fed Cut
The Labor Department on Wednesday reported that consumer prices in October rose 2.6% from a year earlier. That marks a pickup in the pace of inflation from September, when prices were up 2.4% on the year.
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 rose to 2.6% in October in first increase in six months
The October inflation numbers were just released as part of the consumer price index — they are first inflation numbers since the election.
15h
on MSN
Wholesale Inflation Sees Fastest Increase in Three Months
The Producer Price Index delivered a higher-than-expected annual wholesale inflation rate of 2.4% in October, its highest ...
9h
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 ...
17h
on MSN
Wholesale inflation heated up again last month, reversing recent progress
US wholesale inflation picked up more than expected in October, indicating that some price pressures persist at the producer ...
1d
Inflation progress stalls in US in October
Inflation 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, driven by higher housing and food costs, the ...
1d
on MSN
Inflation Stayed At Steady Pace In October
The inflation trajectory is likely favorable enough to keep the Fed on track to cut borrowing costs at its next meeting in ...
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