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Fed, inflation
Wall Street ends mixed while inflation data keeps Fed rate-cut hopes intact
The Dow and the S&P 500 ended slightly higher on Wednesday while the Nasdaq lost ground after October data showed consumer prices rising in line with expectations, adding support to bets that the U.S.
U.S. inflation rose 2.6% in October, a month after the Federal Reserve began cutting rates
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 market.
Inflation Picks Up to 2.6%, but Door Stays Open to Fed Rate 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.
Inflation heated up
Annual inflation rate hit 2.6% in October, meeting expectations
Energy costs, which had been declining in recent months, were flat in October while the food index increased 0.2%. On a year-over-year basis, energy was off 4.9% while food was up 2.1%.
Inflation heated up in October as expected
As expected by economic forecasters, inflation heated up in October. The consumer price index sped up as expected to a 2.6% year-over-year growth rate in October from September's rate of 2.4%. Inflation had been cooling down for most of 2024.
US Inflation May Have Picked up in October After Months of Easing
Annual inflation may have risen in October for the first time in seven months, a sign that price increases might be leveling off after steadily cooling for more than two years
inflation, Argentina
Argentine consumers feel squeezed even as inflation dips below 200%
BUENOS AIRES (Reuters) -Argentine inflation has dipped to 193%, landing below the 200% threshold for the first time in close to a year, data from statistics agency INDEC showed on Tuesday, as President Javier Milei's dramatic austerity agenda bears fruit.
As Argentina's Inflation Rate Cools, Consumers Still Feel Squeezed
The libertarian president, nearing a year in office, has celebrated falling inflation as one of his government's key accomplishments, after one of the largest adjustments in public spending in recent history.
Argentine government reports slowing inflation but consumers still have to empty their pockets
Argentina’s inflation slowed to 2.7% in October, the lowest level in three years in a win for the libertarian government of President Javier Milei, who came to power almost a year ago promising to pull Argentina out of a dire economic crisis.
Reuters
9h
Fed officials wary of inflation risks as they weigh more rate cuts
Musalem sees increased risk of stalled
inflation
progress Logan says policy
rate
may be very close to neutral
rate
...
7h
Stock market today: Indexes trade mixed as investors assess rate outlook after new inflation data
Inflation accelerated slightly for the month of October, sparking concern the Fed could pause its interest rate-cutting cycle ...
9h
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.
Yahoo Finance
6h
Stock market today: Tech lags as inflation print keeps Fed rate cut on track
US stocks closed mixed on Wednesday as investors weighed fresh consumer
inflation
data that looked to keep the Federal ...
13h
on MSN
October CPI inflation up 0.2% to a 2.6% annual rate, meeting expectations
Consumer Price Index inflation increased 0.2% in October for an un-adjusted annual rate of 2.6%, meeting expectations, ...
MarketWatch
15h
Inflation fight still not over.
October could be the next bump. Sticky
inflation
might make it more tricky for Fed
rate
cuts, CPI could show A rapid ...
1d
Today's Inflation Numbers Could Be a Bump in the Road for the Fed
Economists expect inflation moved largely sideways in October, signaling a bump in the road back to the Federal Reserve’s 2% ...
1d
Japan's rising wholesale inflation heightens uncertainty on BOJ's rate hike timing
Japan's wholesale inflation accelerated in October as renewed yen falls pushed up import costs for some goods, data showed on ...
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