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CPI, Fed and inflation
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 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.
November CPI In Line, Fed Expected To Cut Rates Next Week
Financial markets reacted positively to November CPI report, fueling expectations of a Fed rate cut next week. Click for my full analysis of the inflation report.
20h
on MSN
Former Fed Governor Frederic Mishkin on Novemebr CPI data: The Fed may not be restrictive enough
Former Fed Governor Frederic Mishkin joins 'Squawk Box' to discuss the November CPI data, impact on the Fed's inflation fight ...
22h
US CPI Brings No Surprises, Firming Up Fed Rate-Cut Bets
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 ...
18h
November CPI Up As Expected
CPI rose by 0.3 percent for the month, as did core CPI. Declines in inflation have clearly leveled off at a pace still in ...
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