Today news
About the same in other media
Inflation Report Leaves Fed on Track for 0.5-Point Rate Rise in December
Reading now: 729
The October inflation report is likely to keep Federal Reserve officials on track to approve a half-percentage-point interest-rate increase next month, stepping down from the recent pace of unusually hefty rate rises.
The Labor Department reported Thursday that consumer prices rose at a slower pace in October than in recent months. Core prices, which exclude volatile food and energy items, rose 0.3% from September, the smallest monthly gain in one year, and by 6.3% on a year-over-year basis, down from 6.6%.
Read more on wsj.comAbout this in other media
Fed Chair Powell says smaller interest rate hikes could start in December cnbc.com /2 years ago
Jerome Powell Signals Fed Prepared to Slow Rate-Rise Pace in December wsj.com /2 years ago
October Inflation Report Shows Consumer Prices Rose 7.7% From Year Earlier wsj.com /2 years ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
