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Inflation Rose in Oct., Raising Concerns for Fed Rate Cuts
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.
Inflation Rose in October, Raising Concerns for Fed Rate Cuts
October's annual inflation rate ticked up for the first time in seven months, after more than two years of gradual cooling.
Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Economists expect the Fed to announce another quarter-point rate cut in December, after a quarter-point reduction last week and half-point cut in September.
October inflation data meets forecasts, keeping Fed on track for December rate cut
New inflation data out Wednesday showed consumer prices rose as forecast in October, keeping the Federal Reserve on track to lower interest rates again in December.
Wall Street edges higher after inflation data keeps Fed rate-cut hopes intact
The consumer price index rose 0.2% in October for the fourth straight month, and advanced 2.6% on an annual basis.
Reuters
4d
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 ...
Marketplace
3d
Would changing the Fed’s inflation target help people afford homes?
The trick is finding inflation's sweet spot — too much or too little can lead to a lot of problems for the economy and ...
1d
on MSN
US inflation rate on 'strong trajectory' to Fed's 2% target, Boston Fed chief says
Boston Federal Reserve President Susan Collins said Friday that the US inflation rate is on a “strong trajectory” to reach ...
4d
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.
2d
on MSN
US Inflation on Strong Trajectory to 2% Goal, Fed’s Collins Says
Federal Reserve Bank of Boston President Susan Collins said she sees inflation heading back to the central bank’s 2% goal ...
2d
Richmond Fed’s Barkin expects inflation will fall into next year, hints at slowing rate-cut pace
Richmond Fed president Tom Barkin said Friday that he expects inflation will continue to drop into next year and hinted at ...
Reuters
4d
Musalem says Fed in 'last mile' of inflation fight, but recent data raise risks
Recent data raise risks of
inflation
progress slowing, reversing Musalem expects
inflation
to converge to 2% over medium ...
Florida Politics
9h
FAU report shows despite easing inflation, consumer prices will remain high
When excluding volatile commodities such as food and energy prices, core inflation remains elevated, according to the FAU ...
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