Inflation Slowly Ebbs But Consumer Outlook Remains Gloomy Pymnts Com

PYMNTS.com

PYMNTS.com The cost of living got even more expensive for Americans last month, with prices rising at the fastest pace since the start of the year Consumer prices rose 03% in September, which drove the annual The Federal Reserve is likely to cut interest rates next week for the second month in a row because it’s worried about the US jobs market But it can’t take its eye off rising inflation, either In

Consumers Fear Inflation Will Stay For 22+ Months

Consumers Fear Inflation Will Stay For 22+ Months Key insight: Inflation cooled slightly but continued upward in September, climbing 03% after August's 04% gain Supporting data: Prices rose 30% year over year, tracking with the increase in core Annual inflation heated up slightly in September, but not as much as economists expected, giving the Federal Reserve a clear path for widely expected rate cuts heading into their remaining meetings WASHINGTON (Reuters) -US small-business sentiment declined in September amid expectations of unfavorable operating conditions in the next six months, and many owners reported raising prices or LONDON (Reuters) -Bank of England policymaker Megan Greene said on Monday that interest rates would probably fall further but there were risks that the broad weakening of inflation pressures in

November’s Inflation Rate Masks Consumer Stress

November’s Inflation Rate Masks Consumer Stress WASHINGTON (Reuters) -US small-business sentiment declined in September amid expectations of unfavorable operating conditions in the next six months, and many owners reported raising prices or LONDON (Reuters) -Bank of England policymaker Megan Greene said on Monday that interest rates would probably fall further but there were risks that the broad weakening of inflation pressures in Consumer sentiment around the US dipped in October, sinking to a five-month low as Americans fret over a stalling job market and stubbornly high inflation, new private economic data shows The The Bureau of Labor Statistics rescheduled the release of the September Consumer Price Index report to Oct 24 owing to the government shutdown The report was originally scheduled for Oct 15 Kiplinger Economic Outlooks are written by the staff of our weekly Kiplinger Letter and are unavailable elsewhere Click here for a free issue of The Kiplinger Letter or to subscribe for the latest TOKYO—A pickup in Japan’s consumer inflation could buoy rate-hike hopes, but the central bank may tread cautiously as it waits for the newly formed Takaichi administration to settle in Data on Friday

Inflation Fears Soar to 1980s Levels, Consumer Sentiment Sharply Plummets