Tag: federal reserve
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A rising CPI may signal an earlier Fed pause.
The October Consumer Price Index (CPI) Report showed hints of easing U.S. inflation. Food and energy costs climbed 0.4% and 0.3%, respectively. The year-over-year inflation rate fell to 7.7%. This is just one month of pricing statistics, but it suggests U.S. inflation may be reducing as prices decline monthly in absolute terms. Still, inflation isn’t…
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US September CPI strengthens hawkish argument in Fed inflation war
Consumer prices in the United States rose more than anticipated in September, and underlying inflation pressures were increasing, which raised hopes that the Federal Reserve will raise interest rates by another 75 basis points next month. The Labor Department said on Thursday that the consumer price index increased by 0.4% in September after increasing by…
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Another hike in interest rate by the Federal Reserve (FED)
Is the financial system flawed? Was the gold standard better? Inflation or Interest rates, What’s worse? The Federal Reserve hiked the interest rate and signaled there are more rates to come in the coming months. The interest rate was hiked by 0.75 percent like the hikes seen in June-July. The inflation rate calculated in August…