Consumer News Inflation Rose In July But Rates Are Still Below The Fed S Desired Levels

'Inflation remains too high.' Two Fed dissenters who rejected latest interest-rate cut explain why

The Fed could have waited for delayed economic reports on inflation and employment, Chicago Federal Reserve Bank President Austan Goolsbee said. Read More

Inflation just rose again. Here's how that could impact mortgage interest rates.

Inflation is on the rise again. That was the major economic takeaway on Friday morning after the Bureau of Labor Statistics released its delayed reading on inflation for September. Released later than ... Read More

CPI Report: Inflation Rose 3%. The Fed Gets a Green Light for Rate Cuts.

The Bureau of Labor Statistics released the September reading of the consumer price index earlier today. Here's the data at a glance: Overall YoY: +3.0%, less than the 3.1% expected and up from August ... Read More

Consumer spending stalled in September as inflation remained stubborn

The last piece of official inflation data to land before the Federal Reserve’s policymaking meeting next week was a shutdown-delayed report that showed the pace of price hikes remained stubborn in ... Read More

Inflation didn’t get any worse before the government shutdown. The Fed is expected to cut rates again

The rate of U.S. inflation stayed stuck close to 3% before the government shutdown, a long-delayed report showed, adding a final piece of the puzzle before the Federal Reserve votes on whether to cut ... Read More

Fed cuts rates for third time, but affordability concerns still rise

Powell said consumers face “really high” costs and said the Fed is “working hard” to make their lives more affordable. Will rate cuts help? Read More

Inflation climbs again. What it means for Fed rate cuts, Social Security, and your wallet

Inflation rose again in September, revealing the persistence of rising prices as the job market shows signs of cooling and consumers head into the holiday season. Consumer prices increased 3% from a ... Read More

Fed seen headed for more rate cuts as inflation undershoots expectations

Oct 24 (Reuters) - The Federal Reserve will likely deliver quarter-point interest rate cuts at each of its next three meetings, traders bet on Friday after a U.S. government report showed consumer ... Read More

Inflation remained well above the Fed's target in September ahead of rate cut decision

Inflation stayed elevated in September and remained well above the Federal Reserve's target rate as policymakers prepare to meet next week to decide on their forthcoming interest rate move. The Bureau ... Read More

Fed's favored inflation gauge shows consumer prices remained elevated in September

The Commerce Department's delayed September PCE inflation report showed that inflation remained well above the Federal Reserve's 2% target ahead of a central bank decision next week. Read More

Inflation Rose 3% in September. What That Means for the Fed.

Consumer inflation picked up less than expected in September, which should help Federal Reserve officials justify interest-rate cuts to help the weakening job market. The consumer price index climbed ... Read More

Inflation Hits 3% in September, But Lower Than Expected

Consumer prices rose in September at an annual rate of 3%, but increased a little less than economists had predicted, the Labor Department reported Friday. The report, delayed from its original Oct. Read More