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US consumer prices rise briskly for third straight month

US consumer prices rise briskly for third straight month

By Lucia Mutikani WASHINGTON, Nov 10 (Reuters) - US consumer prices increased more than expected in October amid higher costs for food and accommodation, cementing expectations that the Federal Reserve will raise interest rates next month.
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Hot October inflation report rattles markets

Hot October inflation report rattles markets

NEW YORK, Nov 10 (Reuters) - US consumer prices increased more than expected in October, leaving the Federal Reserve on course to raise interest rates next month.
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Wall St ends lower as hot inflation data, Fed comments heighten rate worries

Wall St ends lower as hot inflation data, Fed comments heighten rate worries

By Chuck Mikolajczak and Niket Nishant NEW YORK, Nov 10 (Reuters) - US stocks closed lower on Tuesday, as a hotter-than-expected inflation reading hardened expectations for a rate hike from the Federal Reserve next month and fueled concerns the central bank may be more aggressive in raising rates.
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Gold Prices Fall Below $4,000 Amid Inflation Concerns and Federal Reserve Tightening

Gold Prices Fall Below $4,000 Amid Inflation Concerns and Federal Reserve Tightening

Gold Prices Fall Below $4,000 Amid Inflation Concerns and Federal Reserve Tightening
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US yields climb, stocks fall as inflation data boosts chances for larger Fed rate hike

US yields climb, stocks fall as inflation data boosts chances for larger Fed rate hike

By Caroline Valetkevitch and Shashwat Chauhan Nov 10 (Reuters) - US Treasury yields jumped and Wall Street stocks fell on Tuesday after a hotter-than-anticipated US inflation reading boosted chances for a Federal Reserve interest-rate hike of half a percentage point next month.
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India October inflation tops RBI's 6% limit, strengthens case for rate hikes

India October inflation tops RBI's 6% limit, strengthens case for rate hikes

NEW DELHI, Nov 12 (Reuters) - India's retail inflation surged in October to 6.09%, breaching the central bank's upper tolerance limit for the first time under the new series, as rising food prices drove up household costs and bolstered bets of further rate hikes.
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US consumer prices increase strongly for third straight month in October

US consumer prices increase strongly for third straight month in October

By Lucia Mutikani WASHINGTON, Nov 10 (Reuters) - US consumer prices increased more than expected in October, driven by higher costs for food and accommodation, leaving the Federal Reserve on course to raise interest rates next month.
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Goldman expects additional Fed rate hike in March

Goldman expects additional Fed rate hike in March

Nov 11 (Reuters) - Goldman Sachs forecast an additional 25-basis-point US Federal Reserve rate increase in March on Tuesday after hotter-than-expected October inflation data prompted it to revise its expectations of an end to the hiking cycle in December.
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US consumer prices expected to have risen at slower pace in October

US consumer prices expected to have risen at slower pace in October

By Lucia Mutikani WASHINGTON, Nov 10 (Reuters) - US consumer prices likely increased at a moderate pace in October, but inflation probably remained stubbornly high, leaving the Federal Reserve on course to raise interest rates next month.
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AI spending helps lift UK growth to fastest since early 2024

AI spending helps lift UK growth to fastest since early 2024

By Suban Abdulla and David Milliken LONDON, Nov 12 (Reuters) - Britain's economy grew at the fastest rate in two-and-a-half years in the third quarter of 2026, helped by investment in artificial intelligence, extending a strong first half and defying predictions of a slowdown made after the Iran war
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Wall St retreats as hot inflation data, Fed comments fuel rate worries

Wall St retreats as hot inflation data, Fed comments fuel rate worries

By Chuck Mikolajczak and Niket Nishant NEW YORK, Nov 10 (Reuters) - US stocks stumbled on Tuesday, as a hotter-than-expected inflation reading cemented expectations for a rate hike from the Federal Reserve next month and fueled concerns the central bank may be more aggressive in raising rates.
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UK inflation to overshoot Bank of England target for next 4 years, NIESR forecasts

UK inflation to overshoot Bank of England target for next 4 years, NIESR forecasts

LONDON, Nov 11 (Reuters) - The Bank of England will not succeed in returning inflation to target before 2030, driven by second-round effects on wages caused by the Iran war, according to forecasts from a leading academic think-tank which also nudged up its outlook for growth.