Follow live coverage and analysis of the October consumer price index inflation report, which was released Wednesday at 8:30 a.m. Eastern time today.

A new report on inflation is expected to show a slight increase in costs for customers. NBC’s Christine Romans reports for TODAY on what it signals about the economy.

U.S. consumer prices increased as expected in October, and progress toward bringing inflation down has slowed since mid-year, which could result in fewer interest rate cuts from the Federal Reserve next year.

Interest-rate jitters are weighing on markets, but a Fed official thinks inflation seems control. Here's what happens next.

U.S. inflation ticked higher in October, but stable core price pressures and tame month-on-month gains prompted a sigh of relief on Wall Street and likely supported bets for an end-of-year interest rate cut from the Federal Reserve.

"It seems that each time the noisy categories distort inflation downward, as was the case in the second half of 2023 and again from May through July of this year, Fed officials ta

The inflation trajectory is likely favorable enough to keep the Fed on track to cut borrowing costs at its next meeting in December. The election of Donald Trump has fueled fears of inflation reigniting if he implements the tariffs he promised on the campaign trail.