US Inflation Eases to 3.2 Percent in October as Core Prices Cool to 2.8 Percent

The data prompted markets to trim rate-hike bets, sending the S&P 500 up 1.2 percent overnight. Economists see scope for the Federal Reserve to hold rates steady into early 2026 if disinflation persists.
US Inflation Eases to 3.2 Percent in October as Core Prices Cool to 2.8 Percent

The data prompted markets to trim rate-hike bets, sending the S&P 500 up 1.2 percent overnight. Economists see scope for the Federal Reserve to hold rates steady into early 2026 if disinflation persists.

US CPI grew 3.2 percent in October and core 2.8 percent, the lowest in two years, reducing expectations of further Fed rate hikes.
The data prompted markets to trim rate-hike bets, sending the S&P 500 up 1.2 percent overnight. Economists see scope for the Federal Reserve to hold rates steady into early 2026 if disinflation persists.

The data prompted markets to trim rate-hike bets, sending the S&P 500 up 1.2 percent overnight. Economists see scope for the Federal Reserve to hold rates steady into early 2026 if disinflation persists.