Latest in Watchers Say Inflation
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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 -
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 -
Americans’ $1 trillion credit-card debt problem is inching in the right direction as inflation eases
Americans are still building up their credit-card balances, but they’re doing a better job paying those bills on time — and it could be sign that inflation’s bite is easing.Business - MarketWatch - November 14 -
Dow shrugs off new inflation data. Bond yields suggest it’s ‘top of mind’ for 2025.
The U.S. election has sharpened investors’ focus on inflation as they weighed the latest CPI data.Business - MarketWatch - November 14 -
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 -
The last time inflation was projected to get worse, this investment was popular. Why it’s ‘unloved’ now.
A Treasury auction on Thursday pointed to lackluster demand for inflation-protected securities ahead of Trump’s second term.Business - MarketWatch - November 23 -
Is higher inflation here to stay? Fed faces hurdles in quest to crush rising prices.
As inflation slowed sharply last summer, the Federal Reserve sketched out a plan to slash high U.S. interest rates in anticipation of its pending victory over runaway prices. Now that plan is risk.Business - MarketWatch - November 21 -
Expanding the College Football Playoff has only inflated, not tempered, weekly outrage over rankings
Brett Yormark and Greg Sankey of the Big 12 and SEC, respectively, have aired grievances about the CFP's processSports - CBS Sports - November 21 -
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 - November 22