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CPI, Federal Reserve and Inflation
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 picture for the Federal Reserve's end-of-year interest-rate decision next week. The Commerce Department said its headline Consumer Price Index for November was pegged at an annual rate of 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.
CPI Report: Core Inflation Sticky But Fed Rate Cut A Virtual Lock; S&P 500 Aims For Record
A Federal Reserve rate cut is expected Dec. 18, but the November CPI inflation report could trigger a hawkish shift for next year.
CPI Report Today: Investors Await Inflation Data
Stocks steady as investors cautiously await US inflation data
By Tom Wilson LONDON (Reuters) -Shares steadied on Wednesday as investors cautiously awaited pivotal U.S. inflation data that is expected to put the Federal Reserve on course to cut rates again, while the dollar held near a two-week high.
CPI Report Today: Investors Await Inflation Data; Nasdaq Futures Rise
The consumer-price index is due this morning. Follow along for live updates on stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
Bond Investors Await Inflation Data That Could Sway Fed Choice
Bond traders are on high alert for a fresh dose of inflation data out on Wednesday that could determine whether Federal Reserve officials cut or hold interest rates next week.
12h
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 ...
17h
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 ...
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