Don't look for the Federal Reserve to start making big promises on further monetary-policy easing after the October reading ...
After decades of quiescence, inflation surged in 2021 and 2022. The annualized Consumer Price Index (CPI) increased from ...
Inflation rose by 0.2% in October and brought the 12-month inflation rate to 2.6% , which was in line with expectations.
In the 12 months through October, the CPI advanced 2.6% after climbing 2.4% in September. The headline numbers were ...
Minneapolis Fed President Neel Kashkari said in an interview with Bloomberg TV, that he was confident inflation was headed down, noting that the CPI data "confirms" that downward path.
Consumer prices rose fast enough in October to keep the rate of inflation above the Federal Reserve’s 2% goal, posing an ...
Consumers saw price relief at the gas pump and grocery store. But housing inflation and other categories like car insurance ...