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October Inflation Rate Rises To 2.6% As Expected: December Interest Rate Cut Remains Uncertain (UPDATED)
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October Inflation Rate Rises To 2.6% As Expected: December Interest Rate Cut Remains Uncertain (UPDATED)

  • November 13, 2024
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Inflation rate rises to 2.6% in October, casting doubt on hopes for continued disinflation. Fed president warns of potential pause in rate cut if data is higher. Odds of December cut at 58%.

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​Inflation rate rises to 2.6% in October, casting doubt on hopes for continued disinflation. Fed president warns of potential pause in rate cut if data is higher. Odds of December cut at 58%.
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