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CPI rose 2.7% in Nov. from a year ago
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.
November CPI Came In "As Expected" Showing Inflation Is Sticky
The mainstream media was giddy, and markets responded positively to the November CPI because every metric came in "as expected." But it wasn't a good report if you are hoping for relief from inflation.
November CPI report: Overall and core inflation rise 0.3%. Investors bet on Fed rate cut.
One metric to watch in the CPI data is the year-over-year core CPI, which will play a key role in the outlook for Federal Reserve interest-rate policy, said Brett Kenwell, U.S. investment analyst at e Toro.
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VIEW In-line Nov US CPI rise leaves door open for Dec ease
U.S. consumer prices increased by the most in seven months in November, but that is unlikely to discourage the Federal ...
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CPI Report Casts Doubt on Rate Cuts in 2025: What the Experts Are Saying About Inflation
Consumer Price Index data sealed the deal for a December rate cut, but the outlook for next year is less certain.
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Will CPI be a game-changer for the Fed?
Traders in the federal-funds-futures market are pricing in a very high probability that the Federal Reserve will cut its benchmark rate next week. Will the market expectations become a self-fulfilling ...
1h
Utilities bills to continue to rise with inflation
Water and sewerage bills will continue to rise in line with inflation after Tynwald backed Manx Utilities' updated five-year ...
5h
What to know after inflation rises for a second straight month
CBS News business analyst Jill Schlesinger joins "CBS Mornings" to discuss what to know about the prices of products after ...
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inflation
China
Federal Reserve System
Consumer price index
United States
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