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October CPI inflation up 0.2% to a 2.6% annual rate, meeting expectations
Consumer Price Index inflation increased 0.2% in October for an un-adjusted annual rate of 2.6%, meeting expectations, according to the Bureau of Labor Statistics.
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,
CPI Report: Inflation Rises by 2.6%, Snapping Its Cooling Streak
Follow live coverage and analysis of the October consumer price index inflation report, which was released Wednesday at 8:30 a.m. Eastern time today.
Oct CPI inflation up modestly, as expected
The
consumer price index
rose 0.2% for the fourth straight month, the Labor Department said on Wednesday. In the 12 months through October, the
CPI
advanced 2.6% after climbing 2.4% in September. The headline numbers were predicted by economists polled by ...
Looking on the Sunny Side of the CPI Report: Egg Prices Fell in October
Sticker shock helped drive Americans to the polls last week. But according to Wednesday’s consumer-price index, there's a little relief in at least one corner of the grocery store. The a
CPI Data: Inflation Rises by 2.6%
The cost of living in America rose 2.6% in October, which was in line with economists expectations.
Right before the election, inflation picked up to 2.6 percent annual rate
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 prior month.
Will October's inflation increase slow the pace of interest rate cuts?
In October, inflation was above the annual inflation rate of 2.4% in September, and it increased 0.2% on a monthly basis, according to BLS. The cost of housing was the most significant contributor to the monthly increase in October,
Saudi Arabia's inflation rate edges up to 1.9% in October
Saudi Arabia's annual inflation rate continued to edge up in October to 1.9% from 1.7% in September, according to government data released on Thursday, driven by an increase in housing rents.
1d
Consumer price index report and Juan Soto's free agency: Morning Rundown
Plus, Donald Trump is set to visit the White House to meet with President Joe Biden for a symbolic meeting to signify a ...
1d
CPI inflation data signals Fed needs to 'tread lightly' when guiding markets on future rate cuts: economist
Don't look for the Federal Reserve to start making big promises on further monetary-policy easing after the October reading ...
17h
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 ...
23h
on MSN
Where was inflation the highest in October? Northeast and Midwest cities near the top
Americans across the U.S. are experiencing vastly different inflation rates depending on where they live, and new Labor ...
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.
1d
October CPI: Trend Reversal Has Investors Preparing For Higher Terminal Rates
October's inflation report shows rising inflation pressures, driven by services and housing costs. See what to expect at ...
14h
Seattle-area inflation slows. Here’s what’s still driving up prices
New data published by the U.S. Bureau of Labor Statistics shows inflation is growing at a lower rate in the Seattle area, ...
1d
3 Side Hustles To Beat Inflation In 2024
The consumer price index (CPI) shows that inflation rose about 2.6 percent over the past year. Here are three side hustles to ...
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