CPI report updates: Inflation rises slightly | AP News
1 day ago · Over the long run, core inflation at that pace would exceed the Federal Reserve’s 2% target. Most economists, though, think inflation will eventually resume its slowdown. Consumer …
October CPI: Inflation hits another bump on road to Fed's 2% target
1 day ago · The consumer price index rose 0.2% in October for the fourth month in a row. If the CPI rose that much in every month of a year, the inflation rate would be 2.4% annually. The …
CPI report shows inflation ticked up in October. How will Fed …
1 day ago · Prices were 2.6% higher in October than a year earlier, according to the latest Consumer Price Index, released Wednesday. That's a much lower inflation rate than American …
Inflation Ticks Up Slightly - The New York Times
1 day ago · The Consumer Price Index rose 2.6 percent in the year through October, a sign that inflation remains stubborn. The report serves as a reminder that the Federal Reserve still has …
Inflation ticked up in latest CPI report; price growth for ... - NBC News
1 day ago · At his news conference last week announcing a quarter-point rate cut, Fed Chair Jerome Powell warned of additional “bumps” in the path back toward the central bank’s 2% …
Federal Reserve issues FOMC statement
Nov 7, 2024 · Federal Reserve issues FOMC statement. For release at 2:00 p.m. EST. Recent indicators suggest that economic activity has continued to expand at a solid pace. Since …
Inflation gauge closely watched by the Fed ... - Associated Press News
Oct 31, 2024 · The Fed tends to favor the inflation gauge that the government issued Thursday — the personal consumption expenditures price index — over the better-known consumer price …
US inflation reaches 3-year low as Fed prepares to cut interest …
Sep 11, 2024 · The post-pandemic spike in U.S. inflation eased further last month as year-over-year price increases reached a three-year low, clearing the way for the Federal Reserve to cut …
Inflation is inching closer toward the Fed’s 2% target
Jul 26, 2024 · The Personal Consumption Expenditures price index — a closely watched inflation gauge that the Federal Reserve uses for its 2% target — slowed to 2.5% for the 12 months …
Federal Reserve may have pretty much just hit its 2% inflation target
Oct 11, 2024 · The Federal Reserve may have pretty much just hit its 2% inflation target. This week’s inflation data provided more evidence that the Federal Reserve is nearing its 2% …