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Inflation hit a bump
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).
Annual inflation rate hit 2.6% in October, meeting expectations
Energy costs, which had been declining in recent months, were flat in October while the food index increased 0.2%. On a year-over-year basis, energy was off 4.9% while food was up 2.1%.
Inflation hit a bump in October after slowing for six straight months
The annual rate of inflation moved higher last month for the first time since March, as expected — but economists say the underlying trend remains favorable for another round of interest rate cuts.
Stock market, inflation
Stock market today: Indexes trade mixed as investors assess rate outlook after new inflation data
Inflation accelerated slightly for the month of October, sparking concern the Fed could pause its interest rate-cutting cycle in January.
Stock index futures gain ahead of wholesale inflation report
Stock index futures gained on Thursday, with investors set to turn their attention to the wholesale inflation report. S&P 500 futures (SPX) +0.2%, Nasdaq 100 futures (US100:IND) +0.2% and Dow futures (INDU) +0.
Equity Markets Close Mixed After Inflation Report
US benchmark equity indexes closed mixed Wednesday as markets parsed consumer inflation data for October and remarks by Federal Reserve officials. The Dow Jones Industrial Average rose 0.1% to 43,958.
57m
on MSN
Two firm inflation prints just made the Fed's 2025 rate cut path a lot 'murkier'
October inflation readings out this week have shown little progress toward the Fed's two percent inflation target, putting ...
Reuters
21h
Fed officials wary of inflation risks as they weigh more rate cuts
Musalem sees increased risk of stalled
inflation
progress Logan says policy
rate
may be very close to neutral
rate
...
ABC News
3h
US wholesale inflation picks up slightly in sign that some price pressures remain elevated
and the central bank’s
inflation
fighters have been satisfied enough with the improvement to cut their benchmark interest ...
Bloomberg L.P.
22h
Fed’s Musalem Sees Gradual Rate Cuts If Inflation Keeps Falling
“Monetary policy is well positioned to return
inflation
to target and support maximum employment through gradual ...
17h
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 ...
5h
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 ...
3h
on MSN
Inflation rose to 2.4% in October in producer price index
The latest producer price index numbers were released on Thursday morning, a day after the consumer price index showed ...
Business Insider
2h
Stock market today: Indexes mixed as traders digest wholesale inflation and await Powell's remarks
Bond yields dipped as another tame
inflation
report opened the door further for another
rate
cut in December. The 10-year ...
7h
on MSN
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 ...
21h
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.
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