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CPI, inflation and Federal Reserve
Market Certain of Fed Rate Cut. But Inflation Data Raise More Questions.
Inflation data appear to have cemented the market’s view of a quarter-point rate cut next week, but beyond that they have provided little clarity. Traders now see a 99% chance of a cut on Dec.18, up from 71% a week 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.
19h
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 ...
16h
Inflation Ticks Up, but Details Are Encouraging for the Fed
Inflation sped up last month, but the details suggested cooling ahead. Next week, the Fed will make its final rate decision ...
18h
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 ...
17h
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 ...
18h
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 ...
21m
Retail inflation eases to 5.48% in November as compared to 6.21% in October, check main reasons
According to Consumer Price Index (CPI) data released by the National Statistics Office (NSO), the inflation in the food ...
47m
Consumer inflation for Nov clocks in at 5.48%; October industrial output rises 3.5%
Decline in food and beverage group led to retail inflation, based on Consumer Price Index (CPI) dropped to 5.48 per cent in ...
3h
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
Stock market today: Indexes trade mixed as rally wavers ahead of key inflation data
Investors are watching for Wednesday's inflation report to help determine the path of the Fed's interest rate policy.
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