Fed Governor Adriana Kugler and San Francisco Fed President Mary Daly cited anomalies that have complicated the central ...
Inflation rose 2.7% on an annual basis in November, according to the latest government report on the Consumer Price Index, or CPI.
The latest data from the Bureau of Labor Statistics showed that the Consumer Price Index (CPI) increased 2.7% over the prior ...
Inflation stays high, and fewer Fed rate cuts are expected. Learn why market complacency remains a concern amid sticky ...
Core CPI (which excludes volatile food and energy costs) rose 3.3% on an annual basis and 0.3% on a monthly basis. The data comes ahead of the Fed’s final two-day meeting of 2024, with its ...
Hirt expects 0.25% growth in the core CPI for November, slightly below the consensus estimate. The Fed targets inflation that averages 2% over the long run as measured by the Personal Consumption ...
In the Eurozone, the spotlight is likely to fall on the preliminary CPI data for December, coming out on Tuesday. At its ...
The November CPI report aligned with consensus expectations, likely confirming a Fed policy cut next week. The Fed will be concerned by the very stubborn nature of inflation and will be ...
Fed Chair Jerome Powell xxxAndrew Harnik/Getty Images "Today’s inflation report likely confirms a Fed policy cut next week but, with monthly core inflation hitting its strongest rate since ...
Economists worried about persistent inflation sounded incredulous Wednesday about the prospect that the Fed might cut its benchmark rate next week. "So, let's see. November's CPI increased at the ...
Australia’s central bank is more confident that inflation is moving sustainably toward target but it’s still too soon to ...