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.
CPI data shows a slight inflation increase; market reacts positively, but inflationary pressures may resurface in 2025. Click ...
Consumer Price Index data sealed the deal for a December rate cut, but the outlook for next year is less certain.
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