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 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.
A Federal Reserve rate cut is expected Dec. 18, but the November CPI inflation report could trigger a hawkish shift for next ...
Energy continues to play the primary role in bringing down inflation. Shelter, which is the largest component of the ...
Meanwhile, annual inflation has been rising each month for three months: Annual inflation back in September was 2.4%, in ...
To add to the point made by Chris, for a while now there has been a " benefit of the doubt " approach to the White House and ...
CPI printed in-line at .3 on core and headline. Importantly, rent and owners' equivalent rent finally declined to .2 for the ...
Inflation increased at its fastest monthly rate since the spring and saw its highest annual rate of increase in several ...
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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