but economists believe enough progress has been made for Federal Reserve officials to cut interest rates again in December.

The increase in inflation was expected but is unlikely to deter the Federal Reserve from cutting rates in December.

Thinking about taking out a mortgage loan? Current mortgage rates remain at 6.88% for 30-year terms, while 15-year terms rise ...

Federal Reserve Chair Jerome Powell.Inflation sped up slightly in October, but fell in line with expectations on the heels of ...

Deutsche Bank believes the consumer price index will tick down from last month to 0.26%, which would keep the year-on-year ...

Economists expect prices to have risen 2.6% over the year ending in October. That figure would mark a slight uptick from the ...

Wall Street gained confidence that the Federal Reserve will opt for another quarter-point interest-rate cut in December after the consumer price index for October matched expectations. Traders saw a ...

Shortly after a fresh inflation report, federal-funds futures showed an increased probability that the Federal Reserve will lower its benchmark interest rate in December. The probability of a ...

Core prices, which exclude volatile items like food and energy, increased 0.3% month over month in October, the same as ...

Inflation in the United States ticked up in October, driven by costlier rents, used cars, and air fares, a sign that price ...

The U.S. government is set to release new inflation data on Wednesday, offering a fresh look at price increases little more than a week after the issue appeared to help former President Donald Trump ...

New inflation data out Wednesday showed consumer prices rose as forecast in October, keeping the Federal Reserve on track to ...