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The latest inflation data will come after ONS figures showed wage growth rose by more than expected in the three months to October. Earnings growth also outstripped inflation by 3% over the same ...
Wednesday's inflation figures from the Labor Department are the final major piece of data that Federal Reserve officials will consider before they meet next week to decide on interest rates. The ...
The most recent hint on inflation came from the CPI data Wednesday morning that showed consumer prices rose 0.2% in August, in line with consensus, and came in up 2.5% year over year, slightly ...
The inflation data perfectly matched forecasts, which had predicted a slightly higher Consumer Price Index in October. The modest increase set off few alarm bells in economic circles.
Consumer Prices Index inflation will likely reach 9.8%, according to an average of analysts’ estimates. Biggest jump in cost of living in decades expected with latest inflation figures Skip to ...
First is the core PCE price index, the Fed’s favored inflation gauge, on Aug. 30. Then comes the August jobs report on Sept. 6, and finally, a last, pre-meeting snapshot of pricing pressures in ...
Investors — and some other market observers — remain convinced of a quick cut even after Thursday’s inflation data. Wall Street is still pricing in a 61% chance the Fed will cut rates in March.
The Office for National Statistics, which calculates the inflation rate, highlighted the rising cost of petrol and diesel as one of the key reasons behind the latest inflation rise.