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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.
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 prices rising in line with expectations, adding support to bets that the U.S.
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.
10h
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.
Reuters
10h
Fed officials wary of inflation risks as they weigh more rate cuts
Fed
policymakers on Wednesday held open the door to a go-slower approach, in the face of data showing the labor market ...
6h
US Inflation Keeps Steady as Fed Looks to Avoid Reversal
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers ...
Seeking Alpha
7h
October CPI Inflation Report Shows The Fed Was Right On Inflation Management
CPI
inflation
rose to 2.6% in October, higher than the 2.4% in September, though in line with projections. The latest ...
8h
Inflation Data Boots Wall Street as Stocks Hover Near Records
The new numbers have boosted hopes that more help for the economy will arrive next month from another cut to interest rates.
1h
Asian Equities Climb as US CPI Supports Fed Easing: Markets Wrap
Asian shares drifted higher Thursday after US inflation data supported the case for another Federal Reserve rate cut next ...
15h
Inflation Ends Cooling Streak. What It Means for the Fed.
October inflation was in line with expectations, but ended the streak of cooler readings that helped provide Federal Reserve ...
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