Federal Reserve, Rate and Locked In
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The September CPI inflation report is likely to show that the cost of food, electricity and housing all continued to increase for Americans.
The government shutdown likely means there won’t be an inflation report next month for the first time in more than seven decades, the White House said Friday, leaving Wall Street and the Federal Reserve without crucial information about consumer prices.
Economists think inflation around the U.S. continued to climb in September, edging farther away from the Fed's 2% annual target.
The Federal Reserve’s goal is to keep inflation at or under 2%. Annual inflation rose slightly in September, but not as much as economists had expected, providing the central bank with a clear path fo
The White House warned late Friday in a social-media post that fresh inflation data next month may not emerge because of the ongoing government shutdown. The stock market cheered Friday's release of a mild September reading of the consumer-price index,
The report was originally scheduled to be released on October 15, but was pushed to Friday due to the ongoing government shutdown.
Consumer inflation accelerated less than expected in October. The data likely paves the way for the Fed to keep cutting interest rates at coming meetings
Inflation is down since its peak during the pandemic, but the feeling of sticker shock still lingers. Planet Money looks into why feelings about prices diverge so much from official inflation data.
The S&P 500 is once again within reach of a record high and the latest inflation report could be just the thing to push it over the top. The index secured new all-time highs following the CPI releases in September, June, and May — three of the last five inflation announcements — and bullish momentum has only grown since then.
European equities eased on Friday, as investors digested mixed quarterly results and awaited key euro zone inflation figures to close out an action-packed month.
Measuring inflation without government data is difficult right now, but there other indicators of where prices are and where they are headed.