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CPI rose 2.7% in Nov. from a year ago
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.
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 In Line, Fed Expected To Cut Rates Next Week
Financial markets reacted positively to November CPI report, fueling expectations of a Fed rate cut next week. Click for my full analysis of the inflation report.
November inflation increase won't derail Fed interest rate cuts
Inflation in November rose modestly, with housing costs continuing to be a major factor in price increases. However, the Fed is expected to proceed with an interest rate cut next week.
November Inflation Shows Little Progress. What It Means for the Fed.
Inflation showed little progress in cooling to the Federal Reserve’s 2% target in November, though the pace of price growth was in line with economists’ expectations. The consumer price index climbed 2.
November CPI: Second Consecutive Inflation Increase, Not Cause For Concern
Consumer prices increased 0.3% in November and 2.7% YOY, the Labor Department reported Wednesday. Click here to read what investors need to know.
November inflation report fuels optimism for Fed interest rate cut
The likelihood of a third Fed rate cut got higher with Wednesday’s CPI report, which met expectations from economists.
Fight against inflation stalled; November CPI registers 2.7% annual increase
Inflation increased at its fastest monthly rate since the spring and saw its highest annual rate of increase in several months at 2.7%.
Inflation remains sticky, with CPI rising 2.7% from a year ago
Inflation rose 2.7% on an annual basis in November, according to the latest government report on the Consumer Price Index, or CPI. Last month's CPI was forecast to come in at 2.7%, according to economists surveyed by financial data firm FactSet.
Inflation increased in November, complicating Fed's next rate decision
Consumer prices rose 2.7% in November compared to a year ago, ticking upward from the previous month and potentially giving pause to the Federal Reserve as it weighs an interest rate cut expected next week.
9h
on MSN
CPI Inflation report builds on case for December Fed interest rate cut
U.S. inflation ticked higher in November while core price pressures held at multiyear lows, potentially completing the ...
10h
November CPI report shows little progress toward Fed's 2% target: Plante Moran
Wednesday's November CPI showed little progress being made toward the Federal Reserve's 2% target and raises doubts about the ability of officials to cut rates as much as they expected, one chief ...
1d
What to Expect From Wednesday's Inflation Report
Inflation has barely budged in recent months, and that trend is likely continued in November, as measured by the Consumer ...
17h
on MSN
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 ...
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