U.S. inflation rose 2.6% on an annual basis last month, representing an uptick from September when the Federal Reserve began ...
That marks a pickup in the pace of inflation from September, when the consumer-price index was up 2.4% on the year.Core ...
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 ...
New inflation data out Wednesday showed consumer prices rose as forecast in October, keeping the Federal Reserve on track to ...
The consumer price index rose 0.2% in October for the fourth straight month, and advanced 2.6% on an annual basis.
"A December cut is still in the cards," she added. Still, the rise in the overall inflation rate makes the outlook for ...
Minneapolis Federal Reserve Bank President Neel Kashkari said on Wednesday that he is confident inflation is headed down, ...
The increase in inflation was expected but is unlikely to deter the Federal Reserve from cutting rates in December.