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Inflation rose to 2.4% in Oct. in producer price index
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 annual rate of 2.4% recorded during the previous month.
Inflation rose to 2.4% in October in producer price index
The latest producer price index numbers were released on Thursday morning, a day after the consumer price index showed inflation ticking up last month.
Producer Inflation Data May Have Picked Up in October
Producer price data on Thursday might look like a setback in the last mile of the Federal Reserve’s inflation fight, but it isn’t likely to sway policymakers from a December interest-rate cut. Wholesale inflation is forecast to pick up in October after holding steady in September.
11h
on MSN
Why the market should prepare for inflation to return in Trump second term, according to hedge fund investor David Einhorn
Greenlight Capital hedge fund manager David Einhorn expects inflation to spike again as a result of Donald Trump’s policies.
1d
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 ...
18h
on MSN
Wholesale Inflation Rises as Markets Worry that Trump’s Economic Plans Could Lead to Higher Prices
Market interest rates have risen over the past few months and the 10-year Treasury, often a benchmark for borrowing costs, is ...
1d
October inflation data meets forecasts, keeping Fed on track for December rate cut
New inflation data out Wednesday showed consumer prices rose as forecast in October, keeping the Federal Reserve on track to ...
1d
on MSN
Inflation Stays Firm, but Not Enough to Derail December Fed Cut
The Labor Department on Wednesday reported that consumer prices in October rose 2.6% from a year earlier. That marks a pickup ...
San Francisco Fed
2d
Examining the Performance of FOMC Inflation Forecasts
Calendar-year inflation forecasts from Federal Open Market Committee meeting participants typically start near 2% and then ...
1d
Stock market today: Tech lags as inflation print keeps Fed rate cut on track
The wait is on for fresh consumer inflation data as investors weigh whether a Donald Trump White House would whip up price ...
Hosted on MSN
1d
Russia's 2024 inflation to exceed government's forecast after weekly jump
In year-on-year terms,
inflation
was 8.54%, down from 8.63% in September. The central bank raised its
inflation forecast
...
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Federal Reserve System
United States Consumer Price Index
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