US inflation rose slightly last month after 2 years of steady cooling but remained low
Inflation in the United States ticked up in October, driven by costlier rents, used cars and air fares, a sign that price increases might be leveling off after having slowed in September to their lowest pace since 2021.
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.
Inflation rose right before the election, posing challenges for Trump
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 previous month.
US Inflation Keeps Steady as Fed Looks to Avoid Reversal
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world US inflation remained firm in October rather than continuing its irregular descent,
Inflation Ticks Up Slightly
The Consumer Price Index rose 2.6 percent in the year through October, a sign that inflation remains stubborn. The report serves as a reminder that the Federal Reserve still has work to do.
Food inflation ticks higher as egg, beef prices remain elevated
The overall food category increased 2.1%, driven higher by the cost to dine out, which was up 3.8%. The growth in prices of restaurant meals has outpaced the growth in grocery prices in 2024 as rising wages continue to contribute to costs.
Inflation Data Boots Wall Street as Stocks Hover Near Records
The new numbers have boosted hopes that more help for the economy will arrive next month from another cut to interest rates.
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 ...
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The Trump inflation shock could be worse than the last inflation crisis, Larry Summers warns
“If he carries through on what he said during his campaign, there will be an inflation shock significantly greater than the ...
Wall Street ends mixed while inflation data keeps Fed rate-cut hopes intact
The Dow and the S&P 500 ended slightly higher on Wednesday while the Nasdaq lost ground after October data showed consumer ...
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 ...
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Inflation Rose Slightly in October, But Two-Year Downward Trend Remains
Inflation in the United States ticked up in October, driven by costlier rents, used cars and air fares, a sign that price ...
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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 ...
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Stock market today: Tech lags as inflation print keeps Fed rate cut on track
US stocks closed mixed on Wednesday as investors weighed fresh consumer inflation data that looked to keep the Federal ...
Argentine government reports slowing inflation but consumers still have to empty their pockets
Argentina’s inflation slowed to 2.7% in October, the lowest level in three years in a win for the libertarian government of ...
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Inflation's up again. Here's what it could mean for mortgage interest rates.
After a promising few months of cooling inflation, new data shows that inflation has once again ticked up. In October, ...