Two policymakers on the Federal Open Market Committee dissented in favor of raising the federal funds rate by 0.25 percentage point.

The personal consumption expenditures price index climbed a seasonally adjusted 0.5% last month, with the annual rate standing at 3.6%.

Higher prices inflated consumer spending numbers for the month

The Personal Consumption Expenditures index picked up in September, according to data released a day after the Federal Reserve's decision to hold interest rates steady.

WASHINGTON, Oct 29 (Reuters) - US inflation accelerated in September as consumers paid more for gasoline and other goods, supporting economists' expectations of an interest rate increase from the [···]

The Commerce Department reported that gross domestic product expanded at an annual rate of 3.4 percent in the third quarter period from July to September, ahead of expectations.

The personal consumption expenditures price index was projected to increase 0.5% in September for an annual rate of 3.7%, according to the Dow Jones consensus.

Oct 29 (Reuters) - US stock index futures pared declines slightly on Thursday as investors assessed the latest inflation reading, released a day after the US Federal Reserve kept interest rates [···]

Oct 29 (Reuters) - Hershey on Thursday warned that increased pressure on shoppers due to higher gas prices, inflation and interest rates could impact how much consumers spend on candy this [···]

The economy grew at an inflation-adjusted 3.4% annual rate in the third quarter, adjusted for seasonal variations, the Bureau of Labor Statistics reported

The seemingly at-odds data and consensus policy response are essentially a geography problem: The key source of the FOMC's inflation headache lies in the Middle East.

GDP and inflation figures arrive together at 8:30 a.m. Eastern time. Strong growth and persistent price pressures could strengthen the case for an interest-rate increase in December.

The Federal Reserve held interest rates steady Wednesday, despite no recent progress on getting inflation back down to the central bank's 2% target. The post Fed holds rates steady despite lack of [···]

AIB's latest Economic Outlook is predicting a strong rate of growth for the Irish economy for the coming years, although higher inflation is likely to cap the rate of economic expansion.

The Fed's decision to hold rates offered temporary support to Indian equities, but Emkay expects the RBI to raise rates by 75 basis points by February 2027. Elevated oil prices, inflation and [···]

Federal Reserve officials are expected to restart rate increases in December, but the cadence of additional moves will depend on the data.

Oct 29 : Nasdaq futures dropped on Thursday as mixed earnings from Alphabet and Microsoft left investors weighing the payoff from heavy AI spending, with focus also on an inflation reading a day [···]

The US Federal Reserve held interest rates steady last night, as expected, opting to delay any changes to borrowing costs until after next week's US midterm elections while it awaits further data [···]

Gold prices fell on Thursday as investors assessed signals from the Federal Reserve and Chair Kevin Warsh after policymakers left interest rates unchanged, while awaiting key US inflation data later [···]