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Inflation report expected to show steady price growth
Will October's inflation increase slow the pace of interest rate cuts?
Inflation increased to 2.6% in October, rising modestly from the previous month, according to the Consumer Price Index (CPI) released by the Bureau of Labor Statistics (BLS).
Inflation ticked up in October, CPI report shows. What happens next with interest rates?
That's a much lower inflation rate than American consumers endured through most of 2022 and 2023, but it's higher than the inflation rate for September, 2.4%. Shelter prices rose 0.4% in October,
October CPI: Inflation report expected to show steady price growth
Core CPI between 0.35% and 0.4% would lead the market to reconsider the pathway of inflation but just lead to a one- or two-day downturn, of between 0.25% and 0.5%. Core CPI between 0.3% and 0.35% -- in line with estimates -- would lead to a gain of between 0.
21h
on MSN
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 ...
23h
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 ...
18h
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 ...
Barchart on MSN
1h
Dollar Climbs and Gold Falls on Hawkish US Economic News
The dollar index (DXY00) today is up by +0.04% and posted a new 1-year high. Today’s strength in US economic news may keep ...
1d
In good news for U.S. consumers, some grocery prices are dipping for the first time since 2020
Americans have struggled with high grocery costs since inflation soared during the pandemic. Now prices are falling.
12d
What the October jobs report says about the state of the economy
The final jobs report before Election Day shows the number of jobs added to the U.S. economy plummeted in October, with only ...
12d
Major disappointment with just 12,000 jobs in October: Key facts and figures in last report before election
The economy added far fewer jobs than expected in October, bad news for Vice President Kamala Harris just ahead of the ...
1d
on MSN
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, such as car ...
ConsumerAffairs
13d
The economy added just 12,000 jobs in October
The U.S. economy added just 12,000 jobs in October as hiring was held down by strikes and storm damage in the Southeastern ...
1d
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.
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