Joanne Hsu

Money Moves

Published the final October 2026 reading of 48.0 on October 23; said buying conditions for durable goods drove the drop in current conditions and that purchasing power still dominates how consumers see the economy

Consumer prices rose 0.4% in October from September, and core prices rose 0.3% for a third straight month, the Labor Department said November 10. The report kept the Federal Reserve on course to raise rates at its December 8-9 meeting. Governor Christopher Waller said a 0.3% core reading would make him consider a half-point hike.

Updated 2 days ago