NEW YORK :Global stocks slipped for the first time in three sessions while shorter-dated U.S. Treasury yields dipped as slightly higher than expected U.S. inflation data and a jump in weekly jobless claims did not diminish expectations the Fed will cut rates in November. U.S. consumer prices rose (CPI) sligh

Overall metric picked up on rises in food and housing costs.

The US consumer price index rose by more than expected in September, according to the Bureau of Labor Statistics.

Indexes dipped Thursday as investors took in hotter-than-expected inflation data.Jobless claims, meanwhile, climbed 33,000 to 258,000, its highest in over

Prices for consumer goods and services as measured by the Consumer Price Index (CPI) increased faster than expected in September, hurting household budgets and dealing a setback to the Federal Reserve's battle against inflation.

After American workers lost thousands in buying power coming out of the pandemic, new data shows wages are starting to outpace inflation.

US consumer inflation cooled slightly less than expected last month, according to government data published Thursday, providing further evidence that price pressures are easing ahead of November's presidential election.

Excluding volatile food and energy costs, "core" prices, a gauge of underlying inflation, remained elevated in September, driven higher by rising costs for medical care, clothing, auto insurance and airline fares

Core inflation unexpectedly accelerated in September. | Economy

US consumer inflation cooled slightly less than expected last month, according to government data published Thursday, providing further evidence that price pressures are easing ahead of November's presidential election.

EUR/USD prints a fresh two-month low near 1.0900 in Thursday’s North American session.

Inflation in the United States dropped last month to its lowest point since it first began surging more than three years ago.

Oct. 10 (UPI) -- Consumer prices saw their smallest annual hike in more than three years in September but spooked markets as the monthly increase was greater than analysts expected, according to a Thursday report from the Bureau of Labor Statistics.

The EUR/JPY pair falls to near 162.80 in Thursday’s European session after its second failed attempt to break above the September high of 163.50.

A drop in energy prices has resulted in a significant fall in inflation which declined from 1.7% in the 12 months to August to 0.7% in September - the lowest level since March 2021.

U.S. Treasury yields were steady Thursday as investors assessed fresh inflation and jobless claims data.

The Consumer Price Index has been gradually easing, a trend that is expected to persist in September data.

The Bureau of Labor Statistics (BLS) will publish the highly anticipated Consumer Price Index (CPI) inflation data from the United States (US) for September on Thursday at 12:30 GMT.

The Fed’s move to loosen the brakes on monetary policy got more complicated Thursday.

(Bloomberg) — Gold snapped a sixth-day decline as traders mulled the size of the Federal Reserve’s interest-rate cuts for the rest of the year following mixed inflation and labor data in the US.  

(Bloomberg) — Norway’s core inflation rate extended its declining streak to almost a year, likely supporting bets that the country’s central bank will cut interest rates before the end of the year.

U.S. inflation last month likely reached its lowest point since February 2021, clearing the way for another Federal Reserve rate cut and adding to the stream of encouraging economic data that has emerged in the final weeks of the presidential...

(Bloomberg) — Egyptian inflation quickened slightly for a second month on a sharp hike in energy costs, potentially pushing back the timing of the North African nation’s first interest-rate cut since 2020.

(Bloomberg) — Economists anticipate that key measures of inflation decelerated in September, in spite of price pressures in some categories of goods including used cars.