Inflation Ticks Up Slightly - The New York Times
1 day ago · 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. 10 ...
U.S. inflation rose 2.6% in October, a month after the ... - CBS News
1 day ago · Inflation rises 2.6% in October after Fed starts interest rate cuts 04:29. U.S. inflation rose 2.6% on an annual basis last month, representing an uptick from September when the Federal Reserve ...
CPI report updates: Inflation rises slightly | AP News
1 day ago · At a news conference last week, Fed Chair Jerome Powell expressed confidence that inflation is still heading down to the central bank’s 2% target, ... And a survey released Tuesday by the Federal Reserve Bank of New York found that consumers expect prices to rise just 2.9% in the next 12 months, the lowest such measure in nearly four years. ...
Inflation Stays Firm, but Not Enough to Derail December Fed Cut
1 day ago · The Labor Department on Wednesday reported that consumer prices in October rose 2.6% from a year earlier. That marks a pickup in the pace of inflation from September, when prices were up 2.4% on ...
US CPI ticks back up, but will not stop another Fed cut in December
1 day ago · The key points. Headline annual CPI inflation for October ticked back up to 2.6 per cent from 2.4 per cent in September, while core inflation stayed flat at 3.3 per cent. Elevated shelter ...
Inflation Remains Subdued, as Fed Preps Rate Cut
Sep 11, 2024 · The Consumer Price Index climbed 2.5 percent in August from a year earlier, a notably cooler pace of inflation than July’s 2.9 percent and down sharply from a peak of 9.1 percent back in 2022.
October inflation data meets forecasts, keeping Fed on track for ...
2 days ago · The latest data from the Bureau of Labor Statistics showed that the Consumer Price Index (CPI) increased 2.6% over the prior year in October, a slight uptick from September's 2.4% annual gain in ...
Fed's Powell had pointed to 'bumps' in road to 2% inflation
Federal Reserve Chair Jerome Powell had mentioned last week that the road to 2% inflation would not be a straight line. "We expect there to be bumps," Powell said, at his press conference last week.
CPI Home : U.S. Bureau of Labor Statistics
The Consumer Price Index (CPI) is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. Indexes are available for the U.S. and various geographic areas. Average price data for select utility, automotive fuel, and food items are also available. Notices.
US CPI to Show Another Firm Reading, Leaving Fed Path Up in Air
2 days ago · Forecasters expect a monthly report on US consumer prices to show a third month of firm underlying inflation, keeping the pace of Federal Reserve interest-rate cuts in the coming months up for debate.