Inflation hit a bump in October after slowing for six straight …
2 days ago · The annual rate of inflation moved higher last month for the first time since March, as expected — but economists say the underlying trend remains favorable for another round of interest rate cuts.
U.S. inflation rose 2.6% in October, a month after the ... - CBS News
2 days ago · Inflation ticks up for first time since March 02:00. U.S. inflation rose 2.6% on an annual basis last month, representing an uptick from September when the Federal Reserve began cutting interest ...
Inflation Ticks Up Slightly - The New York Times
2 days 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 ...
Annual inflation rate hit 2.6% in October, meeting expectations
2 days ago · The consumer price index was expected to increase 0.2% in October and show a 2.6% 12-month rate.
CPI report updates: Inflation rises slightly | AP News
2 days 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, though perhaps slowly and unevenly. Powell also noted that most sources of price pressures are cooling, suggesting that inflation isn’t likely to accelerate in the coming months.
CPI Report: US inflation reaches lowest point since February 2021 | AP News
Oct 10, 2024 · Inflation in the United States dropped last month to its lowest point since it first began surging more than three years ago, adding to a spate of encouraging economic news in the closing weeks of the presidential race.
US inflation reaches 3-year low as Fed prepares ... - Associated Press News
Sep 11, 2024 · 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 the Federal Reserve to cut interest rates and likely shaping the economic debate in the final weeks of the presidential race.
March CPI Rose 5% From Last Year: What to Know About Inflation ...
Apr 12, 2023 · What to know about the latest inflation report. Inflation moderated notably in March as a decline in gas prices helped pave the way for the slowest pickup in prices in nearly two years,...
Inflation falls to its lowest level in more than 3 years. Here’s what ...
Sep 11, 2024 · Inflation fell to its lowest level in 3-and-a-half years in August, clearing the way for the Federal Reserve to start cutting interest rates next week.
Inflation is getting back to normal. But price problems persist - CNN
Oct 10, 2024 · With inflation mostly tamed and moving in the right direction, Fed officials have zeroed in on the health of the labor market. A robust jobs report for September helped ease fears that the US ...