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 ...
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CPI inflation rose to 2.6% in October, higher than the 2.4% in September, though in line with projections. The latest ...
Fed policymakers on Wednesday held open the door to a go-slower approach, in the face of data showing the labor market ...
Federal Reserve Bank of St. Louis President Alberto Musalem said the central bank is within sight of its inflation and ...
The consumer price index rose 0.2% in October for the fourth straight month, and advanced 2.6% on an annual basis.
But prices spiked in the pandemic, and the annual inflation rate reached a 40-year high of 9.1% in mid-2022. The Fed stepped in, raising interest rates dramatically in 2022 and 2023 to cool the ...
Asian shares drifted higher Thursday after US inflation data supported the case for another Federal Reserve rate cut next ...
Inflation accelerated slightly for the month of October, sparking concern the Fed could pause its interest rate-cutting cycle ...