US Consumer Prices Rise 0.4% in October, Exceeding Forecasts as Fed Hike Looms (UPDATED)
October CPI rose 0.4% month over month and core CPI 0.3%, both above forecasts, as markets price a 99% chance of a Fed rate hike at the Dec. 9 meeting.
Economy · News reference
Rep. Thomas Massie says all government spending is paid for by citizens, while the U.S. deficit is projected to hit 6.1% of GDP in 2027.
Reference Details
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
Keep reading
October CPI rose 0.4% month over month and core CPI 0.3%, both above forecasts, as markets price a 99% chance of a Fed rate hike at the Dec. 9 meeting.
U.S. ETFs attracted $14.1B despite a sharp stock market selloff, with SPY and QQQ leading inflows as 2026 ETF investments approach $1.8T.
Rising rent and debt costs are squeezing U.S. households, making wine an early casualty. Explore the economic data behind the slump.
Wells Fargo has revised its price target for Nvidia, lowering it from $315 to $300.
Wells Fargo has updated its price target for Charter Communications, increasing it from $101 to $103.
Wells Fargo has initiated research coverage on Patrick Industries with an Overweight rating and a price target of $95.