Inflation pressures remained modest in the month even though gasoline prices edged higher, the government reported.
Topics: consumer prices gasoline prices inflation
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BING NEWS:
- Wholesale prices increase in US
Wholesale prices in the United States rose last month, remaining low but suggesting that the American economy has yet to completely vanquish inflationary pressure.
11/14/2024 - 7:12 pm | View Link - Inflation Stays Firm, but Not Enough to Derail December Fed 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 ...
11/13/2024 - 5:32 pm | View Link - Inflation edges up, highlighting Fed’s bumpy path to stable prices
Traders in interest rate futures bet that the Fed will take the inflation news in stride, raising the odds that it will trim borrowing costs by a quarter point next month.
11/13/2024 - 8:59 am | View Link - Higher shelter costs lift US consumer prices in October
U.S. consumer prices increased as expected in October amid higher costs for shelter such as rents, and progress towards low inflation has slowed since mid-year, which could result in fewer interest ...
11/13/2024 - 4:19 am | View Link - Inflation rises slightly in October in first increase in 7 months
It was the first rise in annual inflation in seven months. From September to October, prices edged up 0.2%, the same as the previous month. Excluding volatile food and energy costs, “core ...
11/13/2024 - 1:08 am | View Link - More
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