U.S. inflation rose 2.6% on an annual basis last month, representing an uptick from September when the Federal Reserve began cutting interest rates amid signs of cooling prices and a weaker labor ...
Month-over-month, the CPI rose 0.2% in line with economists’ expectations, the same increase as last month. Core inflation, which excludes volatile energy and food prices, rose 3.3% versus a ...
Inflation rose two-tenths of a percentage point to 2.6% for the year ending in October, the Bureau of Labor Statistics reported Wednesday in an update to the consumer price index, the first rise ...
Consumer prices have jumped more than 20% since Dec. 2020, working out to over 5% annualized inflation under the Biden administration.
Inflation heated back up again in November, but it likely wasn’t bad enough to keep the Federal Reserve from cutting rates ...
groceries and rent cost — rose 0.2% in October from the prior month and was up 2.6% from a year ago. Economists polled by LSEG predicted that inflation would come in at 0.2% in October while ...
In October, U.S. inflation rose by 2.6% on an annual basis, a slight increase from the 2.4% rate reported in September. This uptick underscores the challenges facing the Federal Reserve ...
Thursday’s report from the Labor Department showed that its producer price index — which tracks inflation before it hits consumers — rose 0.2% from September to October, up from a 0.1% gain ...
Inflation picked up in November, a sign that the path to bringing down price pressures remains bumpy.