Major cryptocurrencies are trading higher ahead of a busy week featuring key Federal Reserve and Bank of Japan rate decisions alongside earnings reports from influential Mag 7 stocks.

Inflation ticked up again in September. Price gains were led by increases in the cost of gasoline. See what other costs went up and down.

Federal Reserve Chair Jerome Powell says that a sharp slowdown in hiring poses a growing risk to the U.S. economy.

In her first speech as head of the Philadelphia Federal Reserve, Anna Paulson said on Monday that rising risks to the job market argue for more interest rate cuts by the U.S. central bank, as trade tariffs now appear unlikely to push up inflation as much as expected.

Kumar Global Strategies president, joins 'Squawk Box' to discuss the latest market trends, state of the economy, what to expect from today's September CPI data, the Fed's inflation fight, rate path outlook,

Yet many other Fed officials remain concerned about stubbornly high inflation, the minutes showed. Jeffrey Schmid, president of the Federal Reserve’s Kansas City branch, said in a speech Monday that “inflation is too high” and argued that the Fed should keep rates high enough to cool demand and prevent inflation from worsening.

The Consumer Price Index climbed at an annual rate of 3% in September, coming in below economists' forecasts as the impact of President Trump's tariffs remain muted.By the numbersEconomists polled by financial data firm FactSet had forecast CPI rose at a 3.