Food inflation ticks higher as egg, beef prices remain elevated
The overall food category increased 2.1%, driven higher by the cost to dine out, which was up 3.8%. The growth in prices of restaurant meals has outpaced the growth in grocery prices in 2024 as rising wages continue to contribute to costs.
The Labor Department on Wednesday reported that consumer prices in October rose 2.6% from a year earlier. That marks a pickup ...
Fed policymakers on Wednesday held open the door to a go-slower approach, in the face of data showing the labor market ...
New inflation data out Wednesday showed consumer prices rose as forecast in October, keeping the Federal Reserve on track to ...
The consumer price index rose 0.2% in October for the fourth straight month, and advanced 2.6% on an annual basis.
The Dow and the S&P 500 ended slightly higher on Wednesday while the Nasdaq lost ground after October data showed consumer ...
CPI inflation rose to 2.6% in October, higher than the 2.4% in September, though in line with projections. There is an ...
Federal Reserve Bank of St. Louis President Alberto Musalem said the central bank is within sight of its inflation and ...
There are one-offs in any month, auto insurance, used cars, but inflation is stabilizing at a level that reflects general ...
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Fed lowers key interest rate by quarter point as inflation eases but pace of cuts may slowAfter a September half-point cut, the reduction would bring the benchmark federal funds rate down three-quarters of a point ...
Asian shares drifted higher Thursday after US inflation data supported the case for another Federal Reserve rate cut next ...
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