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 ...
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. inflationrose 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 ...
but it's higher than the inflation rate for September, 2.4%. Shelter prices rose 0.4% in October, accounting for more than half of the rise in prices overall, the Bureau of Labor Statistics ...