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Inflation hit a bump
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.
Nigeria inflation rises for second month in October
Nigeria's inflation rate rose for the second straight month in October, advancing to 33.88% in annual terms from 32.70% in September, data from the statistics agency showed on Friday.
Inflation hit a bump in October after slowing for six straight months
The annual rate of inflation moved higher last month for the first time since March, as expected — but economists say the underlying trend remains favorable for another round of interest rate cuts.
federal reserve, Inflation
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 in the pace of inflation from September, when prices were up 2.4% on the year.
Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming months, in part because inflation has shown signs of persistence and the Fed’s officials want to see where it heads next.
Stocks inch up, dollar eases as inflation adds to bets on Fed cut
U.S. stock futures cut losses, while the dollar retreated on Wednesday, after data showed U.S. inflation continued to slow as expected last month, helping firm up traders' conviction that the Federal Reserve may cut rates again in December.
2h
on MSN
Today's Mortgage Rates | Inflation Remains Elevated, Keeping Mortgage Rates High
These are today's mortgage and refinance rates. Mortgage rates have increased in recent weeks and remain high today thanks in ...
1d
on MSN
Inflation Data Boots Wall Street as Stocks Hover Near Records
The new numbers have boosted hopes that more help for the economy will arrive next month from another cut to interest rates.
Inc
1d
Inflation Rose Slightly in October, But Two-Year Downward Trend Remains
Inflation
in the United States ticked up in October, driven by costlier rents, used cars and air fares, a sign that price ...
2h
UK inflation worries tick up after big-spending budget and Trump win
Just when Britain seemed to be moving beyond its inflation problem, the new government's spending splurge and the risk of a ...
20h
on MSN
Wholesale Inflation Sees Fastest Increase in Three Months
The Producer Price Index delivered a higher-than-expected annual wholesale inflation rate of 2.4% in October, its highest ...
1d
Inflation Ticks Up, as the Fed’s Victory Remains Incomplete
Inflation has cooled notably, but a pickup in annual price increases underscores that it is not fully back to normal.
23h
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
on MSN
Inflation rose right before the election, posing challenges for Trump
Wednesday’s report shows inflation edged up at a 2.6 percent annual rate in October, compared with a 2.4 percent gain in the ...
6h
French inflation revised up to 1.6% in October
Consumer prices in France rose 1.6% year-on-year in October, statistics office INSEE said on Friday, revising slightly up its ...
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