Latest in Inflation Rate Climbs
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Will credit card interest rates increase now that inflation is climbing?
Inflation ticked back up again in October, which could impact your credit card interest rates. Here's how.Top stories - CBS News - November 13 -
Inflation rate climbs for the first time since the summer. Fed weighs how much to cut rates.
The rate of inflation rose in October and moved further away from the Federal Reserve’s 2% goal, confirming a recent uptick in prices that could cajole the central bank into cutting interest rates ...Business - MarketWatch - 6 hours ago -
Will UK inflation climb back above the BoE’s target?
Market Questions is the FT’s guide to the week aheadWorld - Financial Times - November 17 -
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 -
Bitcoin climbs above $93,000 for the first time as investors digest postelection gains, inflation data
Bitcoin rose above $93,000 following slightly higher October inflation data Wednesday.Business - CNBC - November 13 -
Morgan Stanley CEO says the era of zero interest rates and inflation 'is over'
Several of Wall Street's chief executives don't see more than one more interest rate cut by the Fed this year, citing expectations of continued inflation.Business - CNBC - October 29 -
Morgan Stanley CEO says the era of zero interest rates and inflation 'is over'
RIYADH — The days of easy money and zero interest rates are firmly in the past, Morgan Stanley CEO Ted Pick said Tuesday, speaking at a panel of finance CEOs in Riyadh.Top stories - NBC News - October 29 -
Key inflation rate hits 2.1% in September, as expected, closing in on Fed target
The personal consumption expenditures price index was expected to increase 0.2% in September and 2.1% from a year ago.Business - CNBC - October 31 -
A key inflation measure drops to 2.1%. Here's the interest rate impact.
The personal consumption expenditures (PCE) price index eased to a 2.1% annual rate in September, close to the Fed's target.Top stories - CBS News - October 31 -
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.Top stories - NBC News - October 31 -
Bank of England Cuts Interest Rates, but Signals Stickier Inflation
The central bank said that future cuts would be gradual amid higher inflation forecasts after the new government introduced spending and tax increases in its budget.Top stories - The New York Times - November 7 -
Inflation Still Plagues Restaurants, Services, and Housing, Even as National Rate Declines
The personal consumption expenditures index, which tracks spending on many everyday household needs, shows stubbornly high prices, even as the Fed’s overall rate edges back to its 2 percent target.Business - Inc. - November 7 -
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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's up again. Here's what it could mean for mortgage interest rates.
Inflation ticked back up to 2.6% in October. Here's what that rise could mean for mortgage rates.Top stories - CBS News - 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 rises slightly as economy reacts to interest rate cuts
New data shows inflation rose slightly as the Federal Reserve navigates interest rate cuts following signs of cooling prices and a weaker labor market. CBS News contributor JD Durkin has more.Top stories - CBS News - November 13 -
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 -
What does the inflation rate increase mean for American consumers?
The Labor Department data released Wednesday showed that inflation ticked back up in October, which is what economists were expecting. CBS News MoneyWatch correspondent Kelly O'Grady has more on ...Top stories - CBS News - November 13 -
Fed Expected to Cut Rates Carefully Amid Inflation Pressures
Inflation is nearing the Fed’s 2 percent goal, but rate cuts will be cautious.Business - Inc. - November 14 -
Ford to cut 4,000 jobs in Europe
Headcount reduction comes as industry faces pressure over EV switch and competition from ChinaBusiness - Financial Times - November 20 -
Inflation and interest rates tracker: see how your country compares
Inflationary pressures are beginning to wane but not all central banks have taken action yet. See how this affects youWorld - Financial Times - November 20 -
Japan's October headline inflation rate falls, but economists still see BOJ rate hike on the table
Core inflation came in at 2.3%, down from September's 2.4% but higher than the 2.2% that was expected.Business - CNBC - 5 days ago -
Pending home sales took an unexpected leap higher last month, but rates have climbed back up
The average rate on the 30-year fixed mortgage was coming down all through August and touched its most recent low of 6.11% on Sept. 11.Business - CNBC - October 30 -
Euro zone inflation rises to higher-than-expected 2%, weakening case for jumbo rate cut
The fresh inflation print is seen as crucial in judging whether the European Central Bank could consider a half-percentage-point interest rate cut.Business - CNBC - October 31 -
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Bank of England cuts UK interest rates again despite modest budget-related inflation spike
The Bank of England has cut its main interest rate by a quarter of a percentage point after inflation across the U.K. fell below its target rate of 2%World - ABC News - November 7 -
Czech central bank cuts key interest rate to 4% as inflation stays low
The Czech central bank has cut its key interest rate for the eighth time in a row as inflation remains low and the economy is making a slow recoveryWorld - ABC News - November 7 -
Bank of England cuts main interest rate by a quarter-point to 4.75% after UK inflation falls
Bank of England cuts main interest rate by a quarter-point to 4.75% after UK inflation fallsWorld - ABC News - November 7 -
Sticky inflation might make it more tricky for Fed rate cuts, CPI could show
A rapid slowdown in the rate of U.S. inflation appears to have lost steam, potentially raising questions about how aggressively the Federal Reserve will cut interest rates early next year.Business - MarketWatch - November 12 -
U.S. inflation rose 2.6% in October, a month after Fed's first rate cut
The Federal Reserve began cutting its benchmark rate in September amid cooling inflation.Top stories - CBS News - November 13 -
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 -
Traders trim Bank of England rate cut bets after U.K. inflation rebounds
The chances of another rate cut this year by the Bank of England has diminished after data showed an acceleration in the pace of Britain’s inflation last month.Business - MarketWatch - November 20 -
Combating Parkinson's with rock climbing
There is currently no cure for Parkinson's Disease. But some with Parkinson's are finding that an unusual therapy – rock climbing – is helping them improve their balance, mobility, strength and ...Top stories - CBS News - November 17
