Inflation rises 2.6% in October after Fed starts interest rate cuts
U.S. inflation rose 2.6% on an annual basis in October, matching forecasts from economists, but signaling a bumpy road ahead in the Federal Reserve's battle to tame inflation. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Strong U.S. economic and inflation data on Friday continued reshaping the debate among Federal Reserve policymakers over the ...
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A rise in prices could make the Federal Reserve less likely to cut its key interest rate in the coming months. But most ...
The resulting much higher borrowing costs were expected to tip the United States into recession. It didn’t happen. The ...
U.S. consumer prices increased as expected in October amid higher costs for shelter such as rents, and progress toward low ...
US consumer inflation edged higher last month spurred by an increase in housing costs, according to government data ...
WASHINGTON-- The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent on a seasonally adjusted basis in ...
Our new data page, CPI Inflation Contributions from Goods and Services, details the evolution of inflation using the consumer ...
Highlighting the weak background in China, data out over the weekend showed consumer prices rose at the slowest pace in four ...
A gauge of global stocks was lower for a third straight session on Thursday, after U.S. economic data indicated the labor ...
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The Trump trade was largely extended on Monday, with shares of Tesla, bitcoin, the US dollar, and US bank stocks all surging.
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