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Inflation Rose In Oct., Raising Concerns For Fed Rate Cuts
Inflation Rose in October, Raising Concerns for Fed Rate Cuts
October's annual inflation rate may have ticked up for the first time in seven months, after more than two years of gradual cooling.
October inflation data meets forecasts, keeping Fed on track for December rate cut
New inflation data out Wednesday showed consumer prices rose as forecast in October, keeping the Federal Reserve on track to lower interest rates again in December.
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 cutting interest rates amid signs of cooling prices and a weaker labor market.
MarketWatch
5m
CPI inflation data signals Fed needs to 'tread lightly' when guiding markets on future rate cuts: economist
There are one-offs in any month, auto insurance, used cars, but
inflation
is stabilizing at a level that reflects general ...
Seeking Alpha on MSN
1h
The risk of inflation ceasing to converge toward 2% has risen, KC Fed's Musalem says
Recent data suggests that the risk of
inflation
"ceasing to converge toward 2%, or moving higher, has risen," while the ...
Reuters
2h
Musalem says Fed in 'last mile' of inflation fight, but recent data raise risks
Recent data raise risks of
inflation
progress slowing, reversing Musalem expects
inflation
to converge to 2% over medium ...
Bloomberg L.P.
1h
Fed’s Musalem Sees Gradual Rate Cuts If Inflation Keeps Falling
Federal Reserve Bank of St. Louis President Alberto Musalem said the central bank is within sight of its
inflation
and ...
4h
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.
Austin American-Statesman
6h
Inflation ticked up in October, CPI report shows. What happens next with interest rates?
But prices spiked in the pandemic, and the annual
inflation
rate reached a 40-year high of 9.1% in mid-2022. The
Fed
...
Hosted on MSN
2h
Trump's agenda poses big question mark for inflation: Minneapolis Fed
For at least one Fed official, the word to describe the possible impact from President-elect Trump's policies: "uncertain." ...
2h
on MSN
Dow, S&P 500 edge higher after inflation data keeps Fed rate-cut hopes intact
U.S. stock index futures turned positive on Wednesday after an in-line reading of the consumer price index did little to ...
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