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Oct CPI inflation up modestly
October CPI: Inflation hits another bump on road to Fed's 2% target
JPMorgan's trading desk gave a scenario outlook on how the market would respond to various monthly core CPI readings. The options market is pricing in a 0.7% move, either up or down, for the S&P 500, and a 1.6% move for the Russell 2000.
Inflation expected to have increased in October
The U.S. government is set to release new inflation data on Wednesday, offering a fresh look at price increases little more than a week after the issue appeared to help former President Donald Trump win re-election.
Inflation ticked up in October, CPI report shows. What happens next with interest rates?
Forecasters had expected lingering inflation in October. How will the new numbers affect the next Federal Reserve decision on interest rates?
Federal Reserve, Inflation
Two firm inflation prints just made the Fed's 2025 rate cut path a lot 'murkier'
October inflation readings out this week have shown little progress toward the Fed's two percent inflation target, putting into question how deeply the Federal Reserve will cut interest rates in 2025.
Are the Fed's Rate Cuts Over Now That Inflation Is Rising Again?
October's Consumer Price Index (CPI), which measures changes in the cost of consumer goods and services, showed that annual inflation rose by 2.6%. That's not an alarmingly high rate of inflation. It's also only a modest uptick from September's CPI reading, which measured annual inflation at 2.4%.
Fed Expected to Cut Rates Carefully Amid Inflation Pressures
Powell, in prepared remarks for a speech in Dallas, said that inflation is edging closer to the Fed’s 2 percent target, “but it is not there yet.” At the same time, he said,
9h
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 ...
1d
on MSN
Here's the inflation breakdown for October 2024 — in one chart
Consumers saw price relief at the gas pump and grocery store. But housing inflation and other categories, such as car ...
18h
on MSN
US wholesale inflation picks up slightly in sign that some price pressures remain elevated
Wholesale prices in the United States rose last month, remaining low but suggesting that the American economy has yet to ...
1d
on MSN
Brazil's incoming central bank chief stresses 'various paths' to achieve inflation target
Brazil's incoming central bank chief Gabriel Galipolo said on Wednesday that pursuing its 3% inflation target is ...
Yahoo Finance
1d
Why the Fed targets 2% inflation
Markets are pricing in the central bank's third interest rate cut as it inches closer to its
inflation
target
of 2% over the long run. "We continue to be confident that with an appropriate ...
1d
on MSN
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 ...
4d
New Zealand Inflation Expectations Inch Up, Stay Near 2% Target
New Zealand two-year ahead inflation expectations crept higher, but remained near the midpoint of the central bank’s target ...
1d
on MSN
Inflation progress stalls in US in October
Price increases in the US picked up last month, as progress toward stabilising prices appeared to stall. Consumer prices rose ...
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