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 increased in November, complicating Fed's next rate decision
The inflation gauge makes up the last piece of significant economic data before the Fed announces its next interest rate decision on Dec. 18. A finding of accelerated price hikes may give the Fed pause as it weighs interest rate cuts.
Inflation has proved incredibly stubborn over the fall, the November consumer price index shows, thanks in part to insurance ...
Washington Examiner on MSN2d
Inflation rose in November for second month in a row, up to 2.7%Here are the latest inflation numbers for November. The new numbers come a month after the consumer price index ticked up for ...
Increases in prices for groceries and gasoline outweighed disinflation in categories such as shelter, according to the ...
U.S. producer prices increased by the most in five months in November, but easing costs of services such as portfolio ...
Wholesale costs in the United States picked up sharply last month, signaling that price pressures are still evident in the ...
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