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.
When the Fed last published its quarterly outlook in September, for instance, a solid majority on its monetary-policy ...
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Inflation sped up last month, but the details suggested cooling ahead. Next week, the Fed will make its final rate decision ...
The consumer-price index rose 2.7% from a year earlier, a sign that the path to bringing down price pressures remains bumpy.
Increases in prices for groceries and gasoline outweighed disinflation in categories such as shelter, according to the ...
Expectations around price pressures and monetary policy have swung wildly over the past year. The numbers tell an optimistic ...
November's inflation report showed a moderate 2.7% annual increase, which may give the Federal Reserve reason to continue ...
These are today's mortgage and refinance rates. Mortgage rates haven't moved much this week in spite of last month's higher ...
The U.S. Federal Reserve will cut interest rates by 25 basis points on Dec. 18, according to 90% of economists polled by ...
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