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DevelopingEconomy

US October inflation report

Prices rose faster than expected and the odds of a half-point Fed hike in December jumped. Petrol prices are down but inflation stays elevated.

Developments
2
Outlets
4
Followed since
10 Nov
The latest development

ReutersTue 10 Nov · 17:04 UTC

Odds the US Federal Reserve may raise ​interest rates half a percentage point at its December meeting jumped after new…

01Developments

Developments

Tuesday 10 November

2 developments
  1. 17:04 UTC· the latest

    Odds of half-point Fed hike in December jump

    Data showing faster price rises and policymakers' openness to a quicker pace of hikes lifted the odds of a 50bp December increase.

    2 sourcesReuters, Al Jazeera
    • ReutersBlueskyTue 10 Nov, 17:04

      Odds the US Federal Reserve may raise ​interest rates half a percentage point at its December meeting jumped after new data showed prices rising faster ‌than expected and policymakers opened the door to a quicker pace of rate hikes Odds the US Federal Reserve may raise ​interest
      The original post
    • Al JazeeraRSSTue 10 Nov, 17:40

      US petrol prices are down, but elevated inflation continues Inflation has remained high, despite some easing in fuel prices caused by the US war on Iran.
      The original post
  2. 13:30 UTC

    US consumer prices rise 0.4% in October, above forecasts

    CPI rose 0.4% versus 0.3% expected, with gas costs dipping. The report underscores affordability pressures after the midterms.

    WashingtonUS

    3 sourcesThe Guardian · World, Associated Press, Reuters
    • The Guardian · WorldRSSTue 10 Nov, 13:36

      US inflation rose 0.4% in October as price increases cooled and gas costs dipped New data comes after Republicans’ midterms losses – which were largely seen as a rebuke of the party over high pricesUS inflation rose 0.4% from September to October, a cooldown in price increases a
      The original post
    • Associated PressBlueskyTue 10 Nov, 13:54

      BREAKING: Inflation was stronger than expected in October, underscoring persistent affordability challenges for U.S. consumers. U.S. inflation was higher than expected last month in a sign that the rising prices that powered sweeping Democratic victories in last week’s midterm e
      The original post
    • ReutersBlueskyTue 10 Nov, 15:00

      US consumer prices rise above expectations in October The Consumer Price Index rose 0.4% last month after advancing 0.6% in September. Economists ​polled by Reuters had forecast the CPI climbing 0.3% over the month.
      The original post
02Seen in the story

What it looked like.

Tue 10 Nov · 17:04 · Reuters

Odds the US Federal Reserve may raise ​interest rates half a percentage point at its December meeting jumped after new…

Odds of half-point Fed hike in December jump

Tue 10 Nov · 15:00 · Reuters

US consumer prices rise above expectations in October The Consumer Price Index rose 0.4% last month after advancing…

US consumer prices rise 0.4% in October, above forecasts

Tue 10 Nov · 13:54 · Associated Press

BREAKING: Inflation was stronger than expected in October, underscoring persistent affordability challenges for U.S.…

US consumer prices rise 0.4% in October, above forecasts

Tue 10 Nov · 13:36 · The Guardian · World

US inflation rose 0.4% in October as price increases cooled and gas costs dipped New data comes after Republicans’…

US consumer prices rise 0.4% in October, above forecasts