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CPI rose 2.7% in Nov. from a year ago
November CPI inflation data meets forecasts, cementing Fed rate cut bets
New inflation data out Wednesday showed consumer prices rose as forecast in November, keeping the Federal Reserve on track to lower interest rates again in December. The latest data from the Bureau of Labor Statistics showed that the Consumer Price Index (CPI) increased 2.
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 Report: What to Know Ahead of Tomorrow’s Inflation Data
Here are the key points to know ahead of the latest consumer-price index, due Wednesday at 8:30 a.m. ET: Prices likely rose 2.7% in the 12 months through November, economists polled by the Wall Street Journal expect.
17h
Consumer Prices Rose in November as Inflation Remains Sticky
Consumer prices rose in November, with grocery prices showing their biggest increase in nearly two years, as inflation ...
15h
Housing Inflation Data Flash a Positive Signal
The consumer price index’s housing measure, the shelter index, decelerated in November, but the price growth in this sector ...
17h
on MSN
Inflation heated up last month as consumer prices rose 2.7%, underscoring the slog ahead
Inflation heated back up again in November, but it likely wasn’t bad enough to keep the Federal Reserve from cutting rates ...
16h
Inflation speeds up in latest data
Newly released federal pricing data show that annual inflation rates increased last month. The U.S. Bureau of Labor ...
17h
Here's the inflation breakdown for November 2024 — in one chart
Increases in prices for groceries and gasoline outweighed disinflation in categories such as shelter, according to the ...
13h
Gold Rises as Markets Await Key U.S. Inflation Data
Gold futures were rising 0.3% to $2,725.60 a troy ounce ahead of the release of key U.S. economic data. Investors are ...
scrippsnews
14h
US inflation rate ticks higher, indicating lost progress battling higher prices
A new government report suggests the U.S. is losing some ground in battling high inflation after two months of increases.
1h
on MSN
South African rand sees tailwind from local inflation and retail data
The South African rand extended gains against the dollar on Thursday, supported by subdued local consumer inflation and ...
1d
Stocks struggle for direction before US inflation data
Stock markets struggled for direction Wednesday as traders awaited key US inflation data with the Federal Reserve expected to ...
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