Don't look for the Federal Reserve to start making big promises on further monetary-policy easing after the October reading ...
Major U.S. stock averages ended mixed and close to flat lines Wednesday, as investors assessed an October consumer inflation ...
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.
Inflation has cooled notably, but a pickup in annual price increases underscores that it is not fully back to normal.
A closely watched report released by the Labor Department on Wednesday showed consumer prices in the U.S. rose in line with economist ...