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Inflation rose to 2.6% in Oct. in 1st increase in 6 months
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 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.
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,
2h
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 ...
CNN on MSN
1d
Inflation hit a bump in October after slowing for six straight months
Still,
October
’s increase was to be expected ... in used car prices could be a reflection of hurricane-related purchases. Although the broader US
economy
survived the sharpest inflation run-up ...
8h
on MSN
Here's the deflation breakdown for October 2024 — in one chart
There are still some pockets of deflation in the U.S. economy, though the dynamic has become more muted as supply chains ...
2d
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.
13d
U.S. economy adds 12,000 jobs in October, unemployment rate stays at 4.1%
The U.S. economy added 12,000 jobs during October, significantly less than expected. The unemployment rate held steady at 4.1 ...
13d
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 ...
13d
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 ...
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