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Progress lowering US consumer inflation stalling
Progress lowering US consumer inflation stalling; rate cut pace uncertain in 2025
U.S. consumer prices increased as expected in October amid higher costs for shelter such as rents, and progress toward low inflation has slowed in recent months, which could result in fewer interest rate cuts from the Federal Reserve next year.
Inflation progress stalls in US in October
Price increases in the US picked up last month, as progress toward stabilising prices appeared to stall. Consumer prices rose 2.6% over the 12 months to October, the Labor Department said. That marked a slight uptick from 2.
Inflation Rose in October, Raising Concerns for Fed Rate Cuts
October's annual inflation rate ticked up for the first time in seven months, after more than two years of gradual cooling.
Hosted on MSN
18h
Inflation Inches Up, Job Growth Slows
The
U.S
. economy continues to exhibit mixed signals, with
inflation
rising slightly in October despite a significant ...
12h
Stock market today: Tech lags as inflation print keeps Fed rate cut on track
The wait is on for fresh consumer inflation data as investors weigh whether a Donald Trump White House would whip up price ...
Reuters
14h
Fed officials wary of inflation risks as they weigh more rate cuts
but her remarks suggest she is among the policymakers who would prefer to
slow
down on cuts sooner rather than later. She ...
1d
on MSN
Milei Hints at FX Policy Move After Inflation Slows Below 3%
Argentine President Javier Milei foreshadowed Tuesday he would change his currency policy after the end of the year if ...
The Globe and Mail
1d
U.S. consumer prices rise as expected in October as progress toward low inflation slows
U.S
. consumer prices increased as expected in October, and progress toward low
inflation
has slowed since mid-year, which ...
Business Insider
1d
Stock market today: Trump rally slows with stocks at record highs ahead of new economic data
US
stocks added to records on Tuesday, with the blistering rally since last week slowing slightly as traders prepared to ...
اخبار 24
12d
US Fed's favored inflation index slows to 2.1% in September
The Federal Reserve’s closely watched inflation gauge rose in September as expected, backing a slower pace of rate cuts than ...
Mortgage Strategy
20h
Inflation pressure may slow pace of rate cuts: MPC’s Mann
High energy prices may push up inflation and slow pace of rate cuts, Monetary Policy Committee member Catherine Mann warned.
Yen on MSN
6d
Bank of England cuts interest rate as inflation slows
The Bank of England on Thursday said it was cutting its key interest further after UK inflation hit a three-year low and ...
1d
on MSN
Wages growth slows, ASX falls, Commonwealth Bank logs flat first-quarter profit — as it happened
A fall on Wall Street is likely to send Australian stocks lower, while the Australian Bureau of Statistics is set to release ...
Hosted on MSN
1d
Dollar, bitcoin slow momentum as markets eye US inflation
The Trump trade has also pushed up
U.S
. Treasury yields as markets wager the Federal Reserve may temper the extent of its ...
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