Inflation accelerated in October, offering first look at prices since election
Consumer prices rose 2.6% in October compared to a year ago, ticking upward from the previous month and reversing some of the cooldown achieved in recent months, U.S. Bureau of Labor Statistics data on Wednesday showed. The fresh report matched economists' expectations.
Food prices worried most voters
Gold's price movements often signal where investors think inflation is heading, even before official numbers come out.
The cost of imported goods snapped back in October and added a bit more upward pressure to U.S. inflation, largely because of ...
Wholesale prices in the United States rose last month, remaining low but suggesting that the American economy has yet to ...
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Traders see another rate in December as likely after consumer and wholesale inflation this week were in line with ...
U.S. wholesale prices rose a bit faster in October and suggested the battle by the Federal Reserve to reduce inflation to low ...
Egg prices, which are historically volatile, contributed to the stubborn grocery inflation. The item saw a 30.4% ...
Still, Trump could enact policies that may slow the rise of grocery prices, or even lower the cost of some household staples, economists added. "Prices on different items absolutely could come down," ...
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