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Inflation, Federal Reserve
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%.
Fed lowers key interest rate by quarter point as inflation eases but pace of cuts may slow
After a September half-point cut, the reduction would bring the benchmark federal funds rate down three-quarters of a point from its 23-year high.
CBS News on MSN
2d
Inflation's up again. Here's what it could mean for mortgage interest rates.
In October, U.S.
inflation
rose by 2.6% on an annual basis, a slight increase from the 2.4%
rate
reported in September.
1d
Inflation accelerated in October, offering first look at prices since election
Consumer prices rose 2.6% in October compared to a year ago, ticking upward from the previous month and reversing some of the ...
2d
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 ...
20h
on MSN
Today's Mortgage Rates | Inflation Remains Elevated, Keeping Mortgage Rates High
These are today's mortgage and refinance rates. Mortgage rates have increased in recent weeks and remain high today thanks in ...
17h
on MSN
Tesla CEO And DOGE Co-Lead Elon Musk Says 'Excess Government Spending' Causes Inflation: Here's What Experts Say
As U.S. headline and core consumer price inflation increased in October and GDP growth remained resilient in Q3, billionaire ...
2d
on MSN
Are inflation-adjusted wages lower now than 50 years ago? That data is cherry-picked
Two measures that economists most commonly use for inflation-adjusted wages show that wages are higher now than five decades ...
1d
on MSN
Fed’s Powell: Rate cuts are still underway, but there’s no hurry
Federal Reserve Chair Jerome Powell said Thursday that interest rates are still expected to decline further, but suggested ...
3d
on MSN
What Donald Trump’s Win Means for Inflation
Johnson, the Nobel prize winner at MIT, thinks Trump’s plan for tax cuts will also create inflationary pressure. Tax cuts ...
8d
Federal Reserve Cuts Rates: What It Means for Savings Accounts, Investments and Loans
Find out how the Federal Reserve’s decision will impact all aspects of borrowing and spending ...
1d
US Producer Inflation Edges Higher In October
US wholesale prices rose slightly in October, according to government data published Thursday, as an increase in services inflation pushed up the overall figure.
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