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US consumer prices rise above expectations in October

US consumer prices rise above expectations in October

By Lucia Mutikani WASHINGTON, 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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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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Fed officials open door to a half-point hike after inflation beats expectations

Fed officials open door to a half-point hike after inflation beats expectations

By Howard Schneider WASHINGTON, Nov 10 (Reuters) - Odds the US Federal Reserve may raise interest rates half a percentage point at its December meeting jumped on Tuesday after new data showed prices rising faster than expected and policymakers opened the door to a quicker pace of rate hikes.
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Inflation runs hotter than expected as higher prices extend beyond the gas station

Inflation runs hotter than expected as higher prices extend beyond the gas station

U.S. inflation was higher than expected last month in a sign that the rising prices that powered sweeping Democratic victories in last week’s midterm elections will continue to pose challenges for the White House and Federal Reserve
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US yields rise, stocks fall as inflation data boosts odds of larger December rate hike

US yields rise, stocks fall as inflation data boosts odds of larger December rate hike

By Caroline Valetkevitch and Shashwat Chauhan Nov 10 (Reuters) - US Treasury yields jumped and Wall Street stocks fell on Thursday after a hotter-than-anticipated US inflation reading boosted odds that the Federal Reserve will hike interest rates by a half percentage point next month.
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Fed's Waller plans to support at least a quarter-point rate hike in December

Fed's Waller plans to support at least a quarter-point rate hike in December

By David Milliken LONDON, Nov 10 (Reuters) - The Federal Reserve ought to raise short-term borrowing costs next month even if government data shows inflation cooled last month, Fed Governor Christopher Waller said on Tuesday, and should consider an upsized half-point rate hike if the inflation
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US stocks drift lower after a discouraging update on inflation

US stocks drift lower after a discouraging update on inflation

U.S. stocks are drifting lower after a report showed inflation was worse across the country last month than economists expected
ReutersReuters
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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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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Stocks cut gains, dollar and yields up as US CPI cements December rate hike bets

Stocks cut gains, dollar and yields up as US CPI cements December rate hike bets

By Shashwat Chauhan Nov 10 (Reuters) - US stocks were set for a lower open on Tuesday and European shares pared gains after a hotter-than-anticipated inflation reading bolstered the case for a US Federal Reserve interest rate hike next month.
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Dollar slips against major currencies as Iran talks lift risk appetite

Dollar slips against major currencies as Iran talks lift risk appetite

By Chibuike Oguh NEW YORK, Nov 9 (Reuters) - The dollar weakened against major currencies including the euro and yen on Monday as easing concerns about an escalation in the Iran war prompted investors to rotate back into risk assets after last week's selloff in artificial intelligence-linked stocks.
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Morning Bid: I spy AI

Morning Bid: I spy AI

By Mike Dolan Nov 9 (Reuters) - A nervy tech sector starts the week with a nearly 4% slide in AI chip giant Nvidia on a bizarre tale of an extramarital affair and spying allegations.