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Inflation Rose in Oct., Raising Concerns for Fed Rate Cuts
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).
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.
Inflation Rose in October, Raising Concerns for Fed Rate Cuts
October's annual inflation rate ticked up for the first time in seven months, after more than two years of gradual cooling.
2d
Inflation accelerated in October, offering first look at prices since election
Consumer prices rose 2.6% in October compared to a year ago, ticking upward from the previous month and reversing some of the ...
SFGate
1d
Inflation Ticked Up 2.6% in October as Housing Costs Rise
Annual
inflation
ticked up again last month for the first time since March, thanks in large part to rising housing costs.
4d
October CPI: Inflation hits another bump on road to Fed's 2% target
JPMorgan's trading desk gave a scenario outlook on how the market would respond to various monthly core CPI readings. The ...
Inc
3d
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 ...
3d
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 ...
3d
WPI inflation hits 4-month high of 2.36% in October on food price spike
The latest WPI data comes days after Consumer Price Index data showed retail inflation hit a 14-month high of 6.2 per cent, ...
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