• Dairy farmers must submit certification documents of having completed

    1 month ago - By AG Web

    Dairy farmers must submit certification documents of having completed Farm 3.0 by January 1.
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  • Key Measures Show Inflation Softened Slightly on YoY Basis in October

    Key Measures Show Inflation Softened Slightly on YoY Basis in October

    1 month ago - By Calculated Risk

    The Cleveland Fed released the median CPI and the trimmed-mean CPI this morning:
    According to the Federal Reserve Bank of Cleveland, the median Consumer Price Index rose 0.2% in October. The 16% trimmed-mean Consumer Price Index also rose 0.2% during the month. The median CPI and 16% trimmed-mean CPI are measures of core inflation calculated by the Federal Reserve Bank of Cleveland based on data released in the Bureau of Labor Statistics' monthly CPI report.
    Earlier today, the BLS reported that the seasonally adjusted CPI for all urban consumers rose 0.3% in October. The CPI less food and...
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  • U.S. consumer inflation rises; oil prices may slow momentum

    1 month ago - By Reuters

    U.S. consumer prices increased by the most in nine months in October amid gains in the cost of gasoline and rents, pointing to steadily rising inflation that likely will keep the Federal Reserve on track to raise interest rates again next month.
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  • Consumer prices jump to 9-month high

    1 month ago - By Reuters

    U.S. consumer prices increased by the most in nine months in October, driven by gains in the cost of gas and rents. Fred Katayama reports.
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  • US consumer prices increased 0.3 percent in October

    1 month ago - By Chron

    WASHINGTON - Consumer prices climbed 0.3 percent in October, with higher prices for gasoline, used autos and housing contributing to the increase.
    The Labor Department said Wednesday that this measure of inflation has jumped 2.5 percent over the past 12 months. Adjusted for rising prices, average weekly wages have improved 0.9 percent this year. That's an increase of $8.52 in weekly earnings from October 2017.
    The Federal Reserve targets inflation at 2 percent, just enough to encourage consumer spending and economic growth without leading to price increases that could destabilize the economy.
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  • Wall Street opens higher after in-line CPI data, oil rebound

    1 month ago - By Reuters

    U.S. stocks opened higher on Wednesday, after consumer prices in October rose as expected, keeping the Federal Reserve on track for gradual interest rate hikes, while a rebound in oil prices lifted energy stocks.
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  • US consumer prices increased 0.3 percent in October; led by higher prices for gasoline, housing and used autos

    1 month ago - By Chron

    WASHINGTON - US consumer prices increased 0.3 percent in October; led by higher prices for gasoline, housing and used autos.
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  • Wall Street set to open higher after in-line CPI data, oil rebound

    1 month ago - By Reuters

    U.S. stocks were set to open higher on Wednesday, after consumer prices in October rose as expected, keeping the Federal Reserve on track for gradual interest rate hikes, while a rebound in oil prices lifted energy stocks.
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  • BLS: CPI increased 0.3% in October, Core CPI increased 0.2%

    1 month ago - By Calculated Risk

    From the BLS :
    The Consumer Price Index for All Urban Consumers increased 0.3 percent in October on a seasonally adjusted basis after rising 0.1 percent in September, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index rose 2.5 percent before seasonal adjustment.
    An increase in the gasoline index was responsible for over one-third of the seasonally adjusted increase in the all items index; advances in the indexes for shelter, used cars and trucks, and electricity also contributed. The increases in the gasoline and electricity indexes led to a...
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