US inflation may have picked up in October after months of easing
Annual inflation may have risen in October for the first time in seven months, a sign that price increases might be leveling off after steadily cooling for more than two years. Consumer prices are thought to have increased 2.
U.S. inflation rose 2.6% in October, a month after Fed's first rate cut
That matched forecasts from economists polled by FactSet that the Consumer Price Index rose 2.6% in October. The CPI rose 2.4% in September, when the Fed ushered in a jumbo rate cut of 0.5 percentage points, followed by a second rate cut this month.
U.S. 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.
Key U.S. inflation measure holds steady for third month
A measure of underlying U.S. inflation remained firm in October, underscoring the ongoing risks Federal Reserve officials face in trying to bring
After 2 years of steady cooling, US inflation rose slightly last month
Consumer prices rose 2.6% from a year earlier, up from 2.4% in September. It was the first increase in annual inflation in seven months. From September to October, prices edged up 0.2%.
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.
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