CPI rose 2.7% in November from a year ago as Fed struggles to snuff out inflation
Last month's CPI was forecast to come in at 2.7%, according to economists surveyed by financial data firm FactSet. The Consumer Price Index, a basket of goods and services typically bought by consumers, tracks the change in those prices over time.
US wholesale inflation shot higher last month, an unwelcome sign that some prices could be heating up before they come down the pike to consumers.
US consumer inflation ticked up for a second consecutive month in November, driven by food prices and other sectors, ...
Consumer prices rose in November, with grocery prices showing their biggest increase in nearly two years, as inflation ...
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Annual inflation rates increased last month. The U.S. Bureau of Labor Statistics released its latest Consumer Price Index, a key marker of inflation, which showed that consumer prices rose 0.3% in ...
Last week's job report queues up another rate cut by the Fed. But will that be enough to push mortgage rates meaningfully ...
The final U.S. consumer inflation report of the year on Wednesday cemented expectations for another quarter-point rate cut by ...
Investors are watching for Wednesday's inflation report to help determine the path of the Fed's interest rate policy.
The consumer price index’s housing measure, the shelter index, decelerated in November, but the price growth in this sector ...
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