Inflation Ticks Up Slightly - The New York Times
1 day ago · The report today underscores why Fed officials have been hesitant to declare victory over inflation. While 2.6 percent is a lot better than the 9.1 percent peak inflation reached in …
Powell says Fed will likely cut rates cautiously given persistent ...
6 hours ago · WASHINGTON (AP) — Chair Jerome Powell said Thursday that the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming months, in part …
CPI report updates: Inflation rises slightly | AP News
1 day ago · Over the long run, core inflation at that pace would exceed the Federal Reserve’s 2% target. Most economists, though, think inflation will eventually resume its slowdown. Consumer …
CPI report shows inflation ticked up in October. How will Fed …
1 day ago · Prices were 2.6% higher in October than a year earlier, according to the latest Consumer Price Index, released Wednesday. That's a much lower inflation rate than American …
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 …
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 …
The Fed - Monetary Policy: Monetary Policy Report (Branch)
Mar 3, 2023 · Inflation. Consumer price inflation, as measured by the 12-month change in the price index for personal consumption expenditures (PCE), was 5.4 percent in January, down …
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 …
US inflation reaches 3-year low as Fed prepares to cut interest …
Sep 11, 2024 · WASHINGTON (AP) — The post-pandemic spike in U.S. inflation eased further last month as year-over-year price increases reached a three-year low, clearing the way for …
Inflation Ticks Up, as the Fed’s Victory Remains Incomplete
1 day ago · Still, for the Federal Reserve, the report serves as a reminder that inflation has cooled significantly from its 9.1 percent peak in 2022, but is not yet completely stamped out.