Inflation accelerated in October, offering first look at prices since election
Consumer prices rose 2.6% in October compared to a year ago, ticking upward from the previous month and reversing some of the cooldown achieved in recent months, U.S. Bureau of Labor Statistics data on Wednesday showed. The fresh report matched economists' expectations.
Consumer prices rose fast enough in October to keep the rate of inflation above the Federal Reserve’s 2% goal, posing an ...
Richmond Fed president Tom Barkin said Friday that he expects inflation will continue to drop into next year and hinted at ...
Federal Reserve Bank of Boston President Susan Collins said she sees inflation heading back to the central bank’s 2% goal ...
It was the first rise in annual inflation in seven months. From September to October, prices edged up 0.2%, the same as the previous month. Excluding volatile food and energy costs, “core ...
Americans have struggled with high grocery costs since inflation soared during the pandemic. Now prices are falling.
US consumer inflation edged higher last month spurred by an increase in housing costs, according to government data published Wednesday, complicating the US Federal Reserve's plans to cut interest ...
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