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Inflation ticked up in Oct., new CPI report shows
Inflation endured in October, CPI report shows. What happens next with interest rates?
Forecasters had expected lingering inflation in October. How will the new numbers affect the next Federal Reserve decision on interest rates?
October CPI: Inflation report expected to show steady price growth
Core CPI between 0.35% and 0.4% would lead the market to reconsider the pathway of inflation but just lead to a one- or two-day downturn, of between 0.25% and 0.5%. Core CPI between 0.3% and 0.35% -- in line with estimates -- would lead to a gain of between 0.
October CPI Report: What to Know Ahead of Inflation Data
Here are some key points to know ahead of October's consumer-price index: Economists polled by the Journal forecast prices rose 2.6% in the 12 months through October. That would mark a modest uptick from a 2.
Fed Rate Cuts Aren't a Cure-All for High Mortgage Rates
U.S. inflation rose 2.6% in October, a month after the Federal Reserve began cutting rates
U.S. inflation rose 2.6% on an annual basis last month, representing an uptick from September when the Federal Reserve began cutting interest rates amid signs of cooling prices and a weaker labor market.
The Fed Just Cut Rates Again, but Mortgage Rates Keep On Rising
Earlier on Thursday, mortgage rates rose again for the sixth consecutive week, hitting a four-month high of 6.79%, according to Freddie Mac. The Fed's latest rate cut, which was universally expected and thus fully priced in to bond markets, is unlikely to bring relief to mortgage rates in the near term.
Fed cuts interest rates a second time but economists say 2025 outlook uncertain
Many economists still expect another quarter-point cut ahead in December. But expect more debate on the Fed's path in 2025.
4h
on MSN
How Mortgage Rates Will Change in 2025, According to Experts
The Federal Reserve cut interest rates by a quarter-point on Thursday, even as mortgage rates have been rising since ...
20h
What To Expect From Mortgage Rates For 2025
Long-term mortgage costs have risen since the Federal Reserve started cutting interest rates in September as the yield curve ...
5h
on MSN
Trump's economic agenda for his second term is clouding the outlook for mortgage rates
Donald Trump’s election win is clouding the outlook for mortgage rates even before he gets back to the White House. The ...
1d
on MSN
Why mortgage interest rates may drop again this week
The mortgage interest rates of 2020 and 2021 may never reappear but, if they do, it will be a gradual process to get them ...
22h
Today’s 30-year mortgage interest rates stay at 6.88% while 15-year terms remain at 6.13%
The median interest rate on a 30-year fixed-rate mortgage is 6.88% as of November 12, which is unchanged from yesterday.
2d
on MSN
America's prospective homebuyers absorb harsh reality: Mortgage rates probably aren't coming down for a while
The average 30-year mortgage rate has been above 6% for two years — and is likely to stay above that level for the ...
BBC
13h
NHS trust reverses plan to cut overtime rates
A doctors union has called off industrial action after plans to cut overtime
rates
were axed. University Hospitals ...
1d
Wrongful Conviction Rates By State
The justice system in the United States is founded on the belief that everyone is innocent until proven guilty. Those accused ...
18h
Dip in mortgage rates drove surge in fall home sales in Portland area
A dip in mortgage rates fueled an unusually strong fall season for Portland-area home sales.
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