Inflation has cooled notably, but a pickup in annual price increases underscores that it is not fully back to normal.
The Dow and the S&P 500 ended slightly higher on Wednesday while the Nasdaq lost ground after October data showed consumer ...
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The consumer price index rose 0.2% in October for the fourth straight month, and advanced 2.6% on an annual basis.
Fed policymakers on Wednesday held open the door to a go-slower approach, in the face of data showing the labor market ...
Economists expect prices to have risen 2.6% over the year ending in October. That figure would mark a slight uptick from the ...
The headline numbers from the October consumer price report show that "inflation is headed in the right direction," Federal ...
There are one-offs in any month, auto insurance, used cars, but inflation is stabilizing at a level that reflects general ...
But prices spiked in the pandemic, and the annual inflation rate reached a 40-year high of 9.1% in mid-2022. The Fed stepped in, raising interest rates dramatically in 2022 and 2023 to cool the ...
Asian shares drifted higher Thursday after US inflation data supported the case for another Federal Reserve rate cut next ...
CPI inflation rose to 2.6% in October, higher than the 2.4% in September, though in line with projections. The latest ...