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Federal Reserve's Logan: Excessive inflation is unacceptable.

2026-11-10

Federal Reserve's Logan: Excessive inflation is unacceptable.

Other News
2026-11-10

US Labor Department: October headline CPI rose 0.4% MoM, down from September’s 0.6% but above consensus 0.3%. Core CPI rose 0.3% MoM, unchanged from September and also above forecasts. Gasoline prices did not decline materially; AAA reports average p

US Labor Department: October headline CPI rose 0.4% MoM, down from September’s 0.6% but above consensus 0.3%. Core CPI rose 0.3% MoM, unchanged from September and also above forecasts. Gasoline prices did not decline materially; AAA reports average pump price $4.32/gal in October versus $4.34 in September, roughly 34% above pre‑conflict levels. Economists had expected gasoline would not add much to October’s headline print given the lack of a sharp drop. The key market question is the extent to which higher energy costs will continue to filter through the economy and push broader inflation higher. Energy‑sensitive sectors are already showing strain and large fuel purchasers are passing on costs; since energy jumped after the February outbreak of hostilities involving In Iran, some economists warn wider pass‑through may still be ahead.
2026-11-10

US Secretary of State Rubio: (Regarding Iran) Economic pressure on Iran will intensify further.

US Secretary of State Rubio: (Regarding Iran) Economic pressure on Iran will intensify further.
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