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CPI, federal reserve 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.
CPI Report: Core Inflation Sticky But Fed Rate Cut A Virtual Lock; S&P 500 Aims For Record
A Federal Reserve rate cut is expected Dec. 18, but the November CPI inflation report could trigger a hawkish shift for next year.
18h
Fight against inflation stalled; November CPI registers 2.7% annual increase
Inflation increased at its fastest monthly rate since the spring and saw its highest annual rate of increase in several ...
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15h
Inflation hasn’t been beaten yet, latest CPI shows
Meanwhile, annual inflation has been rising each month for three months: Annual inflation back in September was 2.4%, in ...
22h
November CPI: Second Consecutive Inflation Increase, Not Cause For Concern
Consumer prices increased 0.3% in November and 2.7% YOY, the Labor Department reported Wednesday. Click here to read what ...
1d
VIEW In-line Nov US CPI rise leaves door open for Dec ease
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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