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India's Oct wholesale inflation accelerates to 4-month high
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 expected to have increased in October
The U.S. government is set to release new inflation data on Wednesday, offering a fresh look at price increases little more than a week after the issue appeared to help former President Donald Trump win re-election.
India's Oct wholesale inflation accelerates to four-month high
India's wholesale price-based inflation accelerated to a four-month high of 2.36% year on year in October due to elevated food prices, government data released on Thursday showed. Inflation for October was higher than the 2.
Federal Reserve, Powell and Inflation
Are the Fed's Rate Cuts Over Now That Inflation Is Rising Again?
October's Consumer Price Index (CPI), which measures changes in the cost of consumer goods and services, showed that annual inflation rose by 2.6%. That's not an alarmingly high rate of inflation. It's also only a modest uptick from September's CPI reading, which measured annual inflation at 2.4%.
Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Economists expect the Fed to announce another quarter-point rate cut in December, after a quarter-point reduction last week and half-point cut in September.
Fed’s Powell: Rate cuts are still underway, but there’s no hurry
Federal Reserve Chair Jerome Powell said Thursday that interest rates are still expected to decline further, but suggested they might not be that much lower over the next few months.
1d
October CPI: Inflation hits another bump on road to Fed's 2% target
JPMorgan's trading desk gave a scenario outlook on how the market would respond to various monthly core CPI readings. The ...
1d
on MSN
Here's the inflation breakdown for October 2024 — in one chart
Consumers saw price relief at the gas pump and grocery store. But housing inflation and other categories, such as car ...
14h
on MSN
US wholesale inflation picks up slightly in sign that some price pressures remain elevated
Wholesale prices in the United States rose last month, remaining low but suggesting that the American economy has yet to ...
1d
on MSN
Brazil's incoming central bank chief stresses 'various paths' to achieve inflation target
Brazil's incoming central bank chief Gabriel Galipolo said on Wednesday that pursuing its 3% inflation target is ...
1d
on MSN
Inflation ticked up in October, CPI report shows. What happens next with interest rates?
Forecasters had expected lingering inflation in October. How will the new numbers affect the next Federal Reserve decision on ...
1d
on MSN
US inflation rose slightly last month after 2 years of steady cooling but remained low
Inflation in the United States ticked up in October, driven by costlier rents, used cars, and air fares, a sign that price ...
Hosted on MSN
1d
New inflation data shows increase, days after election
Overall,
inflation
has cooled dramatically since a peak of 9% attained in 2022, now hovering near the Federal Reserve’s ...
18h
Morning Bid: A twist in the U.S.'s inflation tale?
Wednesday's data showed consumer price pressures remain stubbornly above the Federal Reserve's target rate of 2%. And yet ...
Inquirer on MSN
1d
US consumer inflation picks up to 2.6% in October
US consumer inflation edged higher last month spurred by an increase in housing costs, according to government data published ...
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