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US inflation rose 2.6% in Oct. — higher than a month earlier
US inflation rose slightly last month after 2 years of steady cooling but remained low
Inflation in the United States ticked up in October, driven by costlier rents, used cars, and air fares, a sign that price increases might be leveling off after having slowed in September to their lowest pace since 2021.
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.
US inflation rose slightly last month after months of easing
The latest inflation report is a sign that price increases might be leveling off after having slowed in September.
Asia stocks slip, bitcoin at record high
Stock market today: Wall Street drifts after inflation update comes in as expected
U.S. stocks are drifting near their records after the latest inflation update boosted hopes that more help for the economy will arrive next month from another cut to interest rates.
Stock Market Today: Asian Stocks Dip as Wall Street Momentum Slows With Cooling Trump Trade
Asian stocks on Wednesday followed Wall Street lower as momentum cooled for the torrid “Trump trade” that swept U.S. markets following Donald Trump’s presidential victory
Asia stocks slip, bitcoin at record high as Trump trade whipsaws markets
By Ankur Banerjee SINGAPORE (Reuters) -Asian stocks tumbled on Tuesday dragged by Chinese markets and chip shares as investors worried about U.S. President-elect Donald Trump's policies, while bitcoin hit a record peak on bets on assets that are set to benefit from the new administration.
The Wall Street Journal on MSN
1h
Inflation Picks Up to 2.6%, but Door Stays Open to Fed Rate Cut
That marks a pickup in the pace of
inflation
from September, when the consumer-price index was up 2.4% on the year. Core ...
3h
Inflation Rose in October, Raising Concerns for Fed Rate Cuts
October's annual inflation rate may have ticked up for the first time in seven months, after more than two years of gradual ...
1h
on MSN
Inflation's up again. Here's what it could mean for mortgage interest rates.
This uptick underscores the challenges facing the Federal Reserve, which began easing interest rates in September in response ...
1h
on MSN
Inflation accelerated in October, offering first look at prices since election
Economists expect prices to have risen 2.6% over the year ending in October. That figure would mark a slight uptick from the ...
jacobin
1h
Inflation Didn’t Have to Doom Biden
Economist Isabella Weber explains in a long-form interview where the inflation surge came from and how the Biden ...
Yahoo
1h
Inflation progress stalls in US in October
Inflation
in the US picked up last month, as progress toward stabilising prices appeared to stall. Consumer prices rose 2.6 ...
CNN on MSN
6d
Why Trump’s return could spark another bout of inflation and delay interest rate cuts
Inflation
is likely to rise in the
United
States
and around the world if newly elected US President Donald Trump ...
Opinion
1d
Opinion
The Lesson of This Election: We Must Stop Inflation Before It Starts
Working people suffer through no fault of their own. Even if their wages eventually catch up, they are squeezed and feel ...
1h
Services Inflation Eased in October
Housing inflation may be proving stubborn, but gains in the price of services slowed overall last month. The Bureau of Labor ...
13d
U.S. Not Out Of The Woods Yet When It Comes To Inflation, According To BlackRock CEO
Wall Street is sounding the alarm about stubbornly high inflation and the likelihood of interest rates remaining elevated for ...
3d
on MSN
‘Inflation is radioactive’: Trump’s victory is part of a global populist wave of voters throwing out incumbents
Inflation is politically radioactive, and voters have a very long memory for it, as Democrats found when Donald Trump won and ...
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