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Inflation ticked up in Oct., new CPI report shows
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 annual rate of 2.4% recorded during the previous month.
October CPI: Inflation report expected to show steady price growth
Core CPI between 0.35% and 0.4% would lead the market to reconsider the pathway of inflation but just lead to a one- or two-day downturn, of between 0.25% and 0.5%. Core CPI between 0.3% and 0.35% -- in line with estimates -- would lead to a gain of between 0.
October CPI Report: What to Know Ahead of Inflation Data
Here are some key points to know ahead of October's consumer-price index: Economists polled by the Journal forecast prices rose 2.6% in the 12 months through October. That would mark a modest uptick from a 2.
federal reserve, Inflation
Inflation Stays Firm, but Not Enough to Derail December Fed Cut
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 the year.
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.
Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming months, in part because inflation has shown signs of persistence and the Fed’s officials want to see where it heads next.
1d
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.
8h
on MSN
Stock market today: Indexes mixed as traders digest wholesale inflation and await Powell's remarks
Traders see another rate in December as likely after consumer and wholesale inflation this week were in line with ...
10h
on MSN
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 ...
Business Insider on MSN
1d
Stock market today: Indexes edge higher after tame October inflation report
"A December cut is still in the cards," she added. Still, the rise in the overall
inflation
rate makes the outlook for ...
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