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.
Inflation has risen since the summer and raised anxiety at the Federal Reserve, but a welcome slowdown in housing costs could ...
Overall Consumer Price Index rose by 0.31% (+3.8% annualized) in November, the sharpest increase since April. The 3-month ...
A Federal Reserve rate cut is expected Dec. 18, but the November CPI inflation report could trigger a hawkish shift for next ...
Increase in headline rate was expected and will not thwart another quarter-point move but Fed will signal caution ahead ...
Meanwhile, annual inflation has been rising each month for three months: Annual inflation back in September was 2.4%, in ...
Energy continues to play the primary role in bringing down inflation. Shelter, which is the largest component of the ...
U.S. consumer prices increased by the most in seven months in November, but that is unlikely to discourage the Federal ...
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