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.
Inflation increased in November, complicating Fed's next rate decision
The inflation gauge makes up the last piece of significant economic data before the Fed announces its next interest rate decision on Dec. 18. A finding of accelerated price hikes may give the Fed pause as it weighs interest rate cuts.
Wholesale costs in the U.S. picked up sharply last month, a sign that price pressures are still evident in the economy even ...
Wholesale inflation data on Thursday are likely to be the latest setback in the last mile of the Federal Reserve’s inflation ...
Here are the latest inflation numbers for November. The new numbers come a month after the consumer price index ticked up for ...
India's retail inflation eased in November as soaring vegetable prices moderated, boosting expectations of an interest rate ...
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Wholesale costs in the United States picked up sharply last month, signaling that price pressures are still evident in the ...
Stocks wobbled before a key inflation report. November CPI data comes ahead of the Fed's final meeting of 2024, with markets ...
India's retail inflation in November eased to 5.48% as soaring vegetable prices moderated during the month due to an ...
Inflation has barely budged in recent months, and that trend is likely to continue in November, as measured by the Consumer ...
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