PCE, a Key Inflation Measure, Sped Up in October

Inflation ticks up slightly in October, report shows

A new report shows a slight increase in inflation for the month of October, up to 2.6% compared to 2.4% in September. NBC’s Christine Romans reports for TODAY on what it signals about the economy.

Yield on 10-year Treasury ends at lowest in a month despite rebound in Fed’s preferred inflation gauge

Treasury yields fall after pre-Thanksgiving economic data points to resilience, gradual Fed rate cuts in 2025

Business - MarketWatch - 2 days ago

U.S. Inflation Ticks Up to 2.6% in October, as Fed Considers Rate Cut

Inflation has cooled notably, but a pickup in annual price increases underscores that it is not fully back to normal.

Business - The New York Times - November 13

Rising energy bills push inflation to highest for six months

Higher inflation pushes up the cost of living for households, and could mean that interest rates remain higher for longer.

What to know about the inflation report.

A fresh Consumer Price Index report could show that inflation, much cooler than in 2022 and 2023, is not fully stamped out.

Top stories - The New York Times - November 13

Here's the inflation breakdown for October 2024 — in one chart

Consumers saw price relief at the gas pump and grocery store. But housing inflation and other categories, such as car insurance, are trouble spots.

Business - CNBC - November 13

UK inflation accelerates sharply to 2.3% in October

Increase from 1.7% prompts traders to further reduce bets that Bank of England will cut rates next month

Business - Financial Times - November 20

Fed’s ‘bumpy’ road to low inflation seen getting another jolt from PCE price gauge

The Federal Reserve’s preferred inflation gauge is likely to show a sharper increase in prices in October for the second month in a row, adding to the uncertainty about how much the central bank ...

Business - MarketWatch - 4 days ago

Wholesale prices up 0.2% in October

A day after the CPI report revealed a rise in inflation for October, the producer price index is showing a similar increase for wholesale goods. CBS News MoneyWatch correspondent Kelly O'Grady has ...

New inflation data shows increase, days after election

Inflation accelerated in October, snapping a streak of six consecutive months of cooling inflation.

Annual inflation rate hit 2.6% in October, meeting expectations

The consumer price index was expected to increase 0.2% in October and show a 2.6% 12-month rate.

Business - CNBC - November 13

Inflation rises 2.6% in October after Fed starts interest rate cuts

U.S. inflation rose 2.6% on an annual basis in October, matching forecasts from economists, but signaling a bumpy road ahead in the Federal Reserve's battle to tame inflation. CBS News MoneyWatch ...

Top stories - CBS News - November 13

Inflation Rose Slightly in October, But Two-Year Downward Trend Remains

Higher prices on rent, used cars and air fares contributed to a statistical bump in the Labor Department’s measures of inflation, which most affect consumers.

Business - Inc. - November 13

What Trump's return to the White House could mean for global bond yields

It is thought that Trump's pledge to introduce tax cuts and steep tariffs could boost economic growth — but widen the fiscal deficit and refuel inflation.

Business - CNBC - November 20

UK inflation surges above Bank of England's 2% target, curbing December rate cut expectations

The hike marks a sharp increase from the 1.7% rise recorded in September and exceeds the 2.2% forecast of economists polled by Reuters.

Business - CNBC - November 20

Higher energy bills push UK inflation to 6-month high in October

Inflation in the U.K. has risen sharply to a six-month high in October

World - ABC News - November 20

States decide on key changes on immigration, election laws in ballot measures

Tuesday's election saw significant laws and regulations passed on the state level through various ballot measures.

Key inflation rate hits 2.1% in September, as expected, closing in on Fed target

Inflation increased slightly in September and moved closer to the Federal Reserve’s target, according to a Commerce Department report Thursday.

10-year Treasury yield slides as key inflation report comes in as expected

Treasury yields declined on Wednesday and prices rose as a key inflation reading met market expectations.

Business - CNBC - 2 days ago

Inflation ticks up for first time since March

The Consumer Price Index in October rose 2.6% year-over-year, the Labor Department reported Wednesday, a higher rate than September's 2.4%. The uptick means the Federal Reserve's 2% target rate is ...

Top stories - CBS News - November 13

Is Inflation Gobbling up Your Thanksgiving Plans?

Even Thanksgiving turkeys are not immune to inflation.

Business - Inc. - 6 days ago

Inflation Concerns Loom as Trumponomics Revs Up

Investors are bracing for the latest data as the president-elect’s economic agenda of cutting immigration and taxes, while raising tariffs takes shape.

Business - The New York Times - 3 days ago

Officials ramping up security measures for Election Day in North Carolina

Reports of alleged intimidation and voter misinformation in North Carolina have led officials there to boost security precautions around polling places this Election Day. CBS News correspondent ...