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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.
Will November's CPI and PPI map out a more difficult path to 2% inflation?
Two important gauges of inflation will be released this week ahead of the Federal Open Market Committee's Dec. 18 rate decision. The November Consumer Price Index will come out on Wednesday and the November Producer Price Index will be issued on Thursday.
Marketplace
22h
Inflation hasn’t been beaten yet, latest CPI shows
Meanwhile, annual inflation has been rising each month for three months: Annual inflation back in September was 2.4%, in ...
1d
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 ...
1d
Traders Raise Bets on December Rate Cut After CPI Report
Investors are now betting that a December interest-rate cut is all but guaranteed. Traders ramped up bets the Federal Reserve will lower rates next week, following November's consumer inflation report ...
1d
on MSN
Treasury yields dip as November CPI meets consensus
U.S. Treasury yields were little changed on Wednesday ahead of the release of November's consumer price index data.
7h
on MSN
US wholesale inflation surged higher in November
US wholesale inflation shot higher last month, an unwelcome sign that some prices could be heating up before they come down ...
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Related topics
inflation
Federal Reserve System
Consumer price index
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