CPI report shows inflation continued to climb
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CPI inflation rose 1.3% quarter-on-quarter in Q3, more than expectations of 1.1%, and picked up from 0.7% in the previous quarter, data from the Australian Bureau of Statistics showed on Wednesday.
It was the data set expected to determine the fate of the rate for the rest of 2025. And higher than expected inflation ...
The CPI data added to evidence that the Fed’s campaign to bring inflation closer to its 2% target is making progress. With ...
A big unknown ahead of the September CPI is how much the government shutdown, which started Oct. 1, impacts the data. Ten ...
The pace of inflation likely picked up last month, but not enough to prevent the Federal Reserve from cutting interest rates ...
Friday's consumer-price index report likely leaves the Federal Reserve on course to cut interest rates next week and to ...
The U.S. dollar hovered close to a one-week low versus major peers on Wednesday ahead of a widely expected interest rate cut ...
Tech stocks surge while earnings from Intel and P&G add bullish momentum. Investors welcomed September’s Consumer Price Index ...
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