KNOWLEDGE is POWER / REAL NEWS is KEY
New York: Monday, December 09, 2024
Β© 2024 U-S-NEWS.COM
Online Readers: 317 (random number)
New York: Monday, December 09, 2024
Online: 336 (random number)
Join our "Free Speech Social Platform ONGO247.COM" Click Here
Politics: October Cpi Report Shows Inflation Continues To Climb As

POLITICS: October CPI Report Shows Inflation Continues to Climb as Fed Fights to Keep Rates Steady – One America News Network

πŸ”΄ Website πŸ‘‰ https://u-s-news.com/
Telegram πŸ‘‰ https://t.me/usnewscom_channel

OAN’sΒ Alicia Summers
3:20 PM – Wednesday, November 13, 2024

The October Consumer Price Index (CPI) report shows a 0.2% monthly rise in inflation, with a 2.6% year-over-year increase, slightly above September’s 2.4% rate. Core CPI, which excludes food and energy, rose by 0.3% for the month and 3.3% annually. These figures match economists’ forecasts. The report follows the Federal Reserve’s recent quarter-point interest rate cutβ€”its second cut this yearβ€”as inflation remains above its 2% target.

Joining Alicia Summers is Jeffrey Small, President of Arbor Financial, to discuss this latest increase and the ongoing inflation battle.

Share this post!





Source link

OnGo247
New 100% Free
Social Platform
ONGO247.COM
Give it a spin!
Sign Up Today
OnGo247
New 100% Free
Social Platform
ONGO247.COM
Give it a spin!
Sign Up Today