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?
Are the Fed's Rate Cuts Over Now That Inflation Is Rising Again?
October's Consumer Price Index (CPI), which measures changes in the cost of consumer goods and services, showed that annual inflation rose by 2.6%. That's not an alarmingly high rate of inflation. It's also only a modest uptick from September's CPI reading, which measured annual inflation at 2.4%.
Nigeria’s inflation rate rises to 33.88% in October 2024
Nigeria’s headline inflation rate rose to 33.88% in October 2024, up from 32.7% in September 2024, reflecting a 1.18 percentage
After likely quarter-point rate cut, Fed may slow pace of drops if inflation lingers
The Fed is set to lower interest rates a quarter point Thursday. But it's more likely to slow, rather than speed up, 2025 cuts due to inflation
Oct CPI inflation up modestly, as expected
U.S. consumer prices increased as expected in October, and progress toward bringing inflation down has slowed since mid-year, which could result in fewer interest rate cuts from the Federal Reserve next year.
Officials hope inflation reports keep rate cuts on track
Interest-rate jitters are weighing on markets, but a Fed official thinks inflation seems control. Here's what happens next.
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.
SA Charts: Energy price shift contributes to tick up in CPI in October
Analysis of October 2024 retail inflation data, showing a slight uptick in CPI to 2.6% and shifts in energy prices and sector growth rates.
October CPI Up 0.2%, Annual Rate at 2.6% and in Line with Wall Street Estimates. Here's How It...
The Consumer Price Index rose 0.2% in October, bringing the annual rate to 2.6%. The data is in line with Wall Street expectations, according to the Bureau of Labor Statistics. Core CPI, excluding food and energy,
October CPI Report Hits the Mark: What the Experts Are Saying About Inflation
While the current pace of rising prices appears to have leveled off, the expected path of rate cuts has become less certain.
Progress lowering US consumer inflation stalling; rate cut pace uncertain in 2025
U.S. consumer prices increased as expected in October amid higher costs for shelter such as rents, and progress toward low ...
US inflation may have increased in October: Here's what's rising in price, and what's leveling off
A rise in prices could make the Federal Reserve less likely to cut its key interest rate in the coming months. But most ...
Inflation rose right before the election, posing challenges for Trump
Wednesday’s report shows inflation edged up at a 2.6 percent annual rate in October, compared with a 2.4 percent gain in the ...
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Inflation's up again. Here's what it could mean for mortgage interest rates.
the average mortgage rate is sitting at 6.89% — significantly lower than the above-8% rates we saw in late 2023. But ...
Here's the inflation breakdown for October 2024 — in one chart
Consumers saw price relief at the gas pump and grocery store. But housing inflation and other categories like car insurance ...
US wholesale inflation picks up slightly in sign that some price pressures remain elevated
The producer price index — which tracks inflation before it hits consumers — rose 0.2% from September to October, up from a 0 ...